Net profit for the quarter stood at ₹133.6 crore, compared with ₹135.1 crore in the corresponding period last year. Revenue from operations rose 19.3% to ₹3,090 crore, up from ₹2,590 crore a year ago, marking the first time the company’s quarterly revenue has crossed the ₹3,000-crore mark.
EBITDA declined 5.1% year-on-year to ₹350.5 crore from ₹369.4 crore, while the EBITDA margin contracted to 11.3% from 14.3% in the year-ago quarter.
Commenting on the performance, Chairman R.G. Chandramogan said the company entered FY2027 with “strong momentum,” supported by its flagship brands, operational focus and business model.
During the quarter, Hatsun Agro said it sold 153 crore consumer packs, supported by its manufacturing network of 22 facilities across six states.
The company said its product portfolio serves consumers across rural, semi-urban and urban markets through brands including Arun Icecreams, Arokya, Hatsun, Milky Moo, HAP Daily and Ibaco.
The company attributed its growth to its diversified product portfolio spanning multiple categories and price points, supported by a distribution network of more than 4,700 exclusive retail and distribution outlets.
Hatsun Agro said the quarter’s revenue milestone translates to an average monthly revenue of more than ₹1,000 crore, reflecting sustained business growth and consumer demand.
Separately, the company said it declared and paid the first interim dividend of ₹10 per equity share of face value ₹ 1 for FY2027. The dividend amounted to ₹222.75 crore on 22,27,48,268 fully paid-up equity shares.
The interim dividend was approved by the company’s board of directors and paid during the quarter ended June 30, 2026.
Earlier on March 11, the dairy company had informed that the National Company Law Tribunal (NCLT), Cuttack Bench, has approved the amalgamation of its wholly-owned subsidiary Milk Mantra Dairy Private Ltd with the company, with effect from the appointed date of April 1, 2025.
The merger was aimed at consolidating the group structure, generate operational synergies and strengthen the combined entity’s financial flexibility. Milk Mantra Dairy is a wholly-owned subsidiary of Hatsun Agro Product, with the parent holding the entire share capital through itself and its nominees, stated the exchange filing.
Under the approved scheme, all assets, liabilities and obligations of Milk Mantra Dairy will be transferred to Hatsun Agro Product without additional legal procedures. No new shares will be issued as part of the amalgamation, leaving the capital structure of the parent company unchanged.
Ahead of the earning announcements, Shares of Hatsun Agro Product ended 0.21% lower at ₹928.50 on the NSE on Tuesday.
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