Hatsun Agro Product fell 4.14% to Rs 1045.85 after the company's net profit declined 55.92% to Rs 25.19 crore on 4.04% increase in net sales to Rs 1626.26 crore in Q4 March 2022 over Q4 March 2021.
Profit before tax (PBT) fell 56% year-on-year to Rs 39.99 crore in Q4 March 2022.Revenues from Milk & Milk products segment grew 3.8% to Rs 1,507.73 crore in Q4 FY22 as against Rs 1,452.5 crore in Q4 FY21. Revenues from Others segment rose 7.23% to Rs 118.53 crore in Q3 FY22 as against Rs 110.53 crore in Q3 FY21.
For the full year, Hatsun Agro's net profit declined 11.54% to Rs 217.91 crore on 14.76% rise in net sales to Rs 6370.36 crore in the year ended March 2022 over the year ended March 2021. PBT fell 24.87% year-on-year to Rs 283.38 crore in FY22.
Hatsun Agro Product manufactures and markets dairy products like milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer, etc.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
