Packaged Foods company Hatsun Agro Products announced Q1FY27 results Financial Highlights: Total Income: The company reported a total income of Rs 3,093.38 crore in Q1FY27, representing a YoY increase of 19.24% from Rs 2,594.20 crore in Q1FY26 and a QoQ growth of 19.89% from Rs 2,580.21 crore in Q4FY26. Revenue from Operations: Revenue for Q1FY27 stood at Rs 3,090.49 crore, up 19.31% YoY compared to Rs 2,590.28 crore in Q1FY26 and up 19.90% QoQ from Rs 2,577.63 crore in Q4FY26. Other Income: Other income was recorded at Rs 2.89 crore in Q1FY27, a decrease of 26.28% YoY from Rs 3.92 crore in Q1FY26, but a QoQ increase of 12.02% from Rs 2.58 crore in Q4FY26. Profit Before Tax (PBT): For Q1FY27, PBT stood at Rs 170.68 crore, reflecting a YoY decline of 7.36% from Rs 184.24 crore in Q1FY26, while surging 185.56% QoQ from Rs 59.77 crore in Q4FY26. Net Profit (Profit after tax): The company earned a net profit of Rs 133.69 crore in Q1FY27, a slight YoY decrease of 1.11% from Rs 135.19 crore in Q1FY26, and a substantial QoQ increase of 162.70% from Rs 50.89 crore in Q4FY26. Total Comprehensive Income: Total comprehensive income for Q1FY27 was Rs 133.31 crore, compared to Rs 135.34 crore in Q1FY26 and Rs 50.26 crore in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 stood at Rs 6.00, compared to Rs 6.07 in Q1FY26 and Rs 2.28 in Q4FY26. Business Highlights: Interim Dividend: The Board of Directors declared and paid a first interim dividend of Rs 10 per equity share of Re 1 each (1000%) for FY27, aggregating to a total sum of Rs 222.75 crore. Amalgamation Impact: Financial information for the comparative quarter Q1FY26 has been restated to give effect to the merger of the wholly-owned subsidiary, Milk Mantra Dairy Private Limited, with Hatsun Agro Product Limited (with an appointed date of April 01, 2025). Leadership Appointments: The Board approved the re-appointment of Mr. R G Chandramogan as Chairman in the capacity of Non-Executive Non-Independent Director. The Board approved the re-appointment of Mr. J. Shanmuga Priyan as Managing Director. Annual General Meeting: The 41st Annual General Meeting of the company is scheduled for Friday, September 25, 2026. Result PDF
Packaged Foods company Hatsun Agro Products announced Q4FY26 & FY26 results Financial Highlights: Revenue from Operations: For Q4FY26, the company reported revenue of Rs 2,577.63 crore, representing an increase of 9.05% QoQ compared to Rs 2,363.72 crore in Q3FY26 and an increase of 17.01% YoY from Rs 2,242.85 crore in Q4FY25. For the full year ended March 31, 2026 (FY26), revenue stood at Rs 9,959.22 crore, marking a growth of 14.48% YoY compared to Rs 8,699.76 crore in FY25. Total Income: Total income for Q4FY26 was Rs 2,580.21 crore, up 9.02% QoQ from Rs 2,366.68 crore and up 14.61% YoY from Rs 2,251.37 crore. On an annual basis, total income for FY26 reached Rs 9,972.94 crore, an increase of 14.38% YoY compared to Rs 8,719.32 crore in FY25. EBITDA EBITDA for the quarter was Rs 237.87 crore. EBITDA for the year was Rs 1,190.34 crore as against Rs 1,029.67 crore in the previous year, registering a growth of 15.60%. Profit Before Tax (PBT): The company posted a PBT of Rs 59.77 crore in Q4FY26, which is a decline of 24.26% QoQ from Rs 78.92 crore in Q3FY26, but an increase of 2.08% YoY from Rs 58.55 crore in Q4FY25. For the full year FY26, PBT stood at Rs 470.46 crore, marking a significant growth of 24.69% YoY from Rs 377.30 crore in FY25. Net Profit (Profit after Tax): Net profit for Q4FY26 was Rs 50.89 crore, representing a decrease of 16.00% QoQ compared to Rs 60.58 crore in Q3FY26, but an increase of 18.32% YoY from Rs 43.01 crore in Q4FY25. For the full year FY26, net profit grew by 27.76% YoY to reach Rs 356.20 crore, compared to Rs 278.81 crore in FY25. Total Comprehensive Income: Total comprehensive income for Q4FY26 was Rs 50.26 crore, compared to Rs 65.22 crore in Q3FY26 and Rs 43.26 crore in Q4FY25. On an annual basis, total comprehensive income for FY26 was Rs 360.60 crore, a growth of 29.27% YoY from Rs 278.96 crore in FY25. Earnings Per Share (EPS): Basic and Diluted EPS for Q4FY26 stood at Rs 2.28, compared to Rs 2.72 in Q3FY26 and Rs 1.93 in Q4FY25. For the full year FY26, EPS was Rs 15.99, an increase from Rs 12.51 in FY25. Business Highlights Segment Performance: The company reported that its operations are evaluated and resource allocation are based on a single operating segment, namely "milk and milk products." Consequently, separate segment-wise information has not been disclosed. Dividend Declaration: The Board of Directors declared an interim dividend of Rs 10.00 per equity share (1000%) on the fully paid-up equity shares for the financial year 2026-27. The record date for the dividend payment is May 26, 2026. Corporate Amalgamation: The wholly-owned subsidiary, Milk Mantra Dairy Private Limited, was merged with Hatsun Agro Product Limited with an appointed date of April 1, 2025, following the National Company Law Tribunal (NCLT) order dated March 10, 2026. Impact of Labour Codes: The implementation of new legislative Labour Codes led to a revised provision for defined benefit obligations, resulting in an employee benefit expense of Rs 0.81 crore in the current quarter and Rs 10.23 crore for the full year ended March 31, 2026. Auditor Appointments: M/s. Ramachandran & Associates were appointed as the Cost Auditors for the financial year 2026-27. Committee Reconstitution: The Board reconstituted its Audit Committee, Nomination and Remuneration Committee, and Stakeholders’ Relationship Committee effective May 19, 2026. R G Chandramogan, Chairman, Hatsun Agro Product, said, “Our focus on operational efficiency has successfully reduced our debt-to-equity ratio from 1.44 in FY24 to 0.68 in FY26 in two years, despite significant investments and also strategic acquisitions. This strengthened financial position provides the company with the flexibility to invest in future projects while continuing to reward our stakeholders. He also mentioned that the receivables as of 31st March 2026 stood at 0.17 days of sales as a benchmark to the industry, allowing profitability with better liquidity. Further, HAP’s long-term credit rating has been upgraded to AA (Stable) by the credit rating agency (CRISIL Ratings Limited), reflecting the Company’s consistent financial performance, prudent capital management, and strong operational efficiency. He also added, “Hatsun remains an industry outlier, delivering superior operating profits with efficiency. This success is driven by our market-leading consumer brands, namely, Arun, ibaco, Arokya, Hatsun, HAP Daily and Milky Moo. In line with our policy of providing consistent, uninterrupted dividends for over two decades and the present reduced debt with potential to invest for the future, we are pleased to announce a record interim dividend of 1000%." Result PDF
Packaged Foods company Hatsun Agro Products announced Q3FY26 results Revenue from Operations: Rs Rs 2,363.72 crore against Rs 2,009.75 crore during Q3FY25, change 17.61%. Profit After Tax: Rs Rs 60.58 crore against Rs 40.94 crore during Q3FY25, change 47.97%. R. G. Chandramogan, Chairman, Hatsun Agro Product, said: “Our performance reflects the strong foundation we have built over the years and our disciplined approach to growth. We continued to strengthen our core dairy portfolio while expanding our presence across priority markets. A consistent focus on efficiency across the value chain from farmer engagement to last-mile distribution has helped us maintain quality and freshness. 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” “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.” Result PDF