Hatsun Agro Product Ltd has delivered a strong financial performance in the third quarter, reporting robust growth across profitability and revenues, supported by steady demand and operational efficiencies.

For the quarter ended Q3, Hatsun Agro posted a net profit of ₹60.6 crore, marking a sharp 48% increase compared to ₹41 crore recorded in the same period last year. The significant rise in profit highlights improved cost management and better realisations across key product segments.

Revenue from operations for the quarter stood at ₹2,364 crore, reflecting a year-on-year growth of 17.6% from ₹2,010 crore in the corresponding quarter of the previous financial year. The growth was driven by consistent volume expansion in value-added dairy products and stable demand across its distribution network.

Earnings before interest, tax, depreciation and amortisation (EBITDA) also witnessed healthy growth. The company reported EBITDA of ₹256 crore in Q3, up 19.2% from ₹214.3 crore a year ago. This improvement indicates stronger operating leverage and better control over input and logistics costs.

Operating margin for the quarter came in at 10.8%, marginally higher than 10.7% reported in the same quarter last year.

TOPICS: Hatsun Agro