Hatsun Agro Product Ltd. on Monday reported a 63 percent increase in its net profit on a year-on-year basis for the first quarter of the fiscal year ending March 2025.
The Chennai-based dairy company reported a net profit of Rs 131 crore during the April-June quarter, compared to Rs 80 crore recorded during the same period last year, according to its stock exchange notification.
The company’s revenue is up 10% year-on-year to Rs 2,375 crore.
Operating profit, or earnings before interest, tax, depreciation and amortisation, rose 39% on a year-on-year basis to Rs 330 crore, while Ebitda margin rose to 13.9% from 11.1% recorded in the same period last year.
The company also announced an interim dividend of Rs 6 per share, subject to shareholders’ approval at the annual general meeting.
Shares of Hatsun Agro Product Ltd. closed 4.11 per cent higher at Rs 1,188 apiece on Monday, compared to a 0.35 per cent gain in the country’s benchmark NSE Nifty 50.