Hatsun Agro Profits Surge Over 70% Amid Strong Dairy Sales

Hatsun Agro Product Ltd reported a significant 70.3% increase in net profit for the September quarter, driven by strong sales. The dairy company saw its total income rise by 17.15% to Rs 2,427.59 crore, despite climbing expenses. Headquartered in Chennai, Hatsun specializes in dairy product marketing and production.

Hatsun Agro Product Ltd has announced a striking 70.3% jump in its consolidated net profit for the September quarter, recording Rs 109.54 crore, a substantial increase from Rs 64.32 crore in the same period last year.

The surge in profit is largely attributed to higher sales, with the total income rising by 17.15%, reaching Rs 2,427.59 crore compared to Rs 2,072.10 crore in the previous year's corresponding period.

Despite facing higher expenses, at Rs 2,284.32 crore compared to Rs 1,991.22 crore last year, the Chennai-based company has maintained its focus on producing, processing, and marketing a variety of dairy products, including milk and milk-based foods.

(With inputs from agencies.)