Hatsun Agro

India, the world's largest milk producer, is in the midst of trade negotiations with Washington and the demand for opening up its dairy sector to US corporations has been a sore point

Dairy company seeks to spread beyond South India with new acquisition

As per the company filing, Hatsun Agro expenses also increased 9.5 per cent to Rs 1,991.22 crore as compared to Rs 1,818.26 crore a year ago

Shares of Hatsun Agro Products zoomed up to 16.26 per cent, hitting its 52-week high at Rs 1,380 per share on the BSE in Tuesday's early morning deals

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

The Chennai-based company's profit after tax rose 23.6% to 574 million rupees ($6.91 million) in the three months ended December 31, its slowest since the 2023 March quarter

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.

India's Hatsun Agro Product Ltd, which sells Arun ice cream and Arokya milk, reported a 2.9% fall in quarterly profit on Thursday, hurt mainly by a surge in prices for animal feed and milk procurement

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Dairy products maker Hatsun Agro Products has crossed the Rs 2,000 crore sales mark during the quarter ending June 30, 2022 for the first time, the company said

Trading longs should be held on with the stop loss of 12,700 levels. We expect midcaps to outperform in the coming days.

Firm is setting up a number of milk and milk product units in Maharashtra, Tamil Nadu and Telangana

Pays Rs 10 cr for the unit, including plant modernisation; Capacity of Hatsun's Santosa brand of feed goes up from 900 tonnes a day to 1,000 tonnes with this deal

Capacity addition and marketing to help it grow at three times of industry growth rate, says the company