Shares of Hatsun Agro, a dairy products manufacturer, surged over 16% in morning trade on the BSE on Tuesday, July 16. This rise came a day after the company announced its June quarter (Q1FY25) results.
Hatsun Agro shares opened at ₹1,350, up from the previous close of ₹1,186.95. They quickly climbed 16.3% to reach a new 52-week high of ₹1,380.
As of 11:15 AM, the shares were trading 7.40% higher at ₹1,275.20 on the NSE.
Hatsun Agro Q1 Results Highlights
Profit After Tax (PAT)
– Q1FY25 PAT: ₹130.54 crore
– YoY Increase: 63%
– Q1FY24 PAT: ₹80.14 crore
Revenue
– Q1FY25 Revenue: ₹2,375.06 crore
– YoY Increase: 10.4%
– Q1FY24 Revenue: ₹2,150.64 crore
Dividend
– Interim Dividend Declared: ₹6 per share of ₹1 each
– Record Date: July 24, 2024
– Dividend Payment Date: On or before August 14, 2024
Upcoming Event
– One-on-One Meeting with Analysts: Friday, July 19
