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Hatsun Agro
Hatsun Agro Product on Monday posted a 48 per cent jump in consolidated net profit to Rs 60.58 crore for the third quarter of 2025-26 fiscal on higher sales. The company had clocked a net profit of Rs 40.94 crore in the third quarter of the 2024-25 fiscal, a regulatory filing said. Its total income rose 17.62 per cent to Rs 2,366.68 crore during Q3 from Rs 2,012 crore in the year-ago period. Expenses remained higher at Rs 2,287.76 crore compared to 1,956.33 crore. "Our growth is driven by distribution reach, capacity additions, and sustained investments in sales and brand building, enabling us to scale our brands with clarity and purpose," Hatsun AGro Product Ltd Chairman R G Chandramogan said. Strong consumer demand drove volume growth across milk, yoghurt, and ice cream, supported by encouraging traction in innovation-led dairy offerings aligned with evolving consumer preferences, he said. The company continued to strengthen the core dairy portfolio while expanding its presen
Dairy and dairy products maker Hatsun Agro has reported a 108.76 per cent rise in its January-March 2024 quarter profit after tax at Rs 52.16 crore, the company said on Tuesday. The city-based company had registered a profit after tax of Rs 24.99 crore in the same period last year. Revenues during the quarter under review grew to Rs 2,046.87 crore as against Rs 1,789.46 crore registered in the same period of last year. For the financial year ending March 31, 2024, the profit after tax surged by 61.15 per cent to Rs 267.29 crore from Rs 165.86 crore registered in the same period of last fiscal. Revenue for the year ending March 31, 2024, grew by 10.26 per cent to Rs 7,990.40 crore from Rs 7,246.97 crore registered a year ago. In a statement, the company said normalcy has been restored during the second half of 2023-24, on procurement and sales of milk as it was impacted due to the COVID-19 pandemic for two years. Commenting on the financial performance, Hatsun Agro Product Ltd Cha
Dairy products maker Hatsun Agro Products has set up its 200th outlet under the premium ice cream brand IBACO in Hyderabad on Wednesday. The store has been set up in Pragathi Nagar, Hyderabad and would offer various flavors including almond crunch, cotton candy, sea salt caramel pecan and Belgian chocolate among others. "IBACO is our brand that started serving ice cream in scoops. We are known for our innovation and out-of-the-box thinking to bring out unique and never tasted before flavours," company chairman RG Chandramogan said. "I am happy that we have reached a milestone with the launch of the 200th outlet," he added. The Chennai-based company has presence in Puducherry, Andhra Pradesh, Telangana, Karnataka, Chhattisgarh, West Bengal, Kerala, Odisha, Goa and Gujarat.