SmallCap stock engaged in manufacturing, processing, and marketing of dairy products such as milk, ice creams, curd, and many more over 42 countries, hit its 52-week-high price by gaining 16 percent in the day’s trade upon declaring its Q1FY25 results with a 150 percent jump in Net Profits.
Price Action
With a market capitalization of Rs. 28,488 Crores, the shares of Hatsun Agro Products Limited were trading at Rs. 1,278.95 per equity share, up 7.75 percent from its previous day’s close price of Rs. 1,186.95.
Q1 FY25 Results
Its revenue from operations grew by 10.43 percent YoY from Rs. 2150.64 Crores in Q1FY24 to Rs. 2,375.06 Crores in Q1FY25 and it grew by 16 percent QoQ from Rs. 2,046.87 Crores in Q4FY24 to Rs. 2,375.06 Crores in Q1FY25.
Its Net Profit grew by 63 percent YoY from Rs. 80.14 Crores in Q1FY24 to Rs. 130.54 Crores in Q1FY25 and it grew by 150 percent QoQ from Rs. 52.15 Crores in Q4FY24 to Rs. 130.54 Crores in Q1FY25.
Dividend
In Addition, the Board of Directors of Hatsun Agro Products Limited has declared an Interim Dividend of 600 percent i.e., Rs. 6 per equity share with a face value of Rs. 1 per share for the financial year 2024-25.
About the Company
Hatsun Agro Products Limited is a dairy product company, it is engaged in manufacturing, processing, and marketing of dairy products such as milk, ice creams, curd, skimmed milk powder, paneer, ghee, etc.
Hatsun Agro Products Limited exports to over 42 countries with a Portfolio of brands consisting of Arun Icecreams, Arokya Milk, Ibaco, HAP Daily, and Santosa. It has a retail network of 3600 outlets across India.
Written by: Bharath K.S
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