Hatsun Agro posts record Q1 revenue, but profit slips as margins contract
Hatsun Agro’s Q1 revenue rose 19.3% year-on-year to ₹3,090 crore, while net profit edged down 1.1% to ₹133.6 crore. EBITDA fell 5.1% and margin contracted 300 basis points to 11.3%, despite sales of 153 crore consumer packs across more than 4,700 outlets.
Hatsun Agro reported record Q1 revenue above ₹3,000 crore, but profit and EBITDA declined as margin contracted. The dairy company sold 153 crore packs through 4,700-plus outlets and completed the Milk Mantra Dairy amalgamation.
Why this matters
The Q1 margin-led profit decline follows Hatsun Agro's Q4 PAT rise of 18.6% to ₹51 crore and Q4 FY24 standalone net sales growth of 14.38% to ₹2,046.87 crore.
retail-company is accelerating, up 963900% QoQ.