Revenue growth, steady dairy demand and margin expansion lift December quarter performance
Hatsun Agro Products reported a strong set of numbers for the December quarter, with net profit rising 48 per cent year on year to Rs 60.6 crore for the three months ended 31 December 2025. The dairy products maker had posted a profit of Rs 41 crore in the same period last year.
The company released its official Q3 results after an unusual episode last week, when a senior managerial executive accidentally shared a draft version of the unaudited financials on his personal WhatsApp status.
As per the results filed with stock exchanges, Hatsun Agro’s revenue from operations climbed 17.6 per cent year on year to Rs 2,364 crore, compared with Rs 2,010 crore in the corresponding quarter of the previous financial year. The growth was supported by sustained consumer demand across key dairy categories and consistent milk procurement from its farmer base.
Operating performance also improved during the quarter. Earnings before interest, tax, depreciation and amortisation (Ebitda) increased 19.2 per cent year on year to Rs 256 crore, while the Ebitda margin edged up by 10 basis points to 10.8 per cent from 10.7 per cent a year earlier.
Commenting on the performance, RG Chandramogan, Chairman, Hatsun Agro Products, said the results reflected the company’s long-term efforts to build a resilient business.
“We continued to strengthen our core dairy portfolio while expanding our presence across priority markets. A consistent focus on efficiency across the value chain from farmer engagement to last-mile distribution has helped us maintain quality and freshness,” he said in a statement.
Chandramogan added that the momentum was driven by deeper distribution penetration, capacity expansions, and ongoing investments in sales and brand development.
Shares of Hatsun Agro Products were trading slightly higher after the results announcement, rising 0.70 per cent to Rs 930.40 apiece on the NSE.
