Hatsun Agro Product Ltd Q3 FY2024 PAT slips to Rs. 57.40 crores

Hatsun Agro Product Limited has reported Standalone financial results for the period ended December 31, 2023.

Financial Results (Q3 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1891.5655 crores during the period ended December 31, 2023 as compared to Rs. 1919.5250 crores during the period ended September 30, 2023.

The company has posted net profit / (loss) of Rs. 57.4032 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs. 77.5739 crores for the period ended September 30, 2023.

The company has reported EPS of Rs. 2.58 for the period ended December 31, 2023 as compared to Rs. 3.48 for the period ended September 30, 2023.

Financials	Q3 FY2024	Q2 FY2024	% Change
Total Income	₹ 1891.5655 crs	₹1919.5250 crs	-1.46%
Net Profit	₹57.4032 crs	₹77.5739 crs	-26.00%
EPS	₹2.58	₹3.48	-25.86%

Financial Results (Q3 FY2024) - YoY Comparison

The company has reported total income of Rs. 1891.5655 crores during the period ended December 31, 2023 as compared to Rs.1695.6342 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.57.4032 crores for the period ended December 31, 2023 as against net profit / (loss) of Rs.46.4362 crores for the period ended December 31, 2022.

The company has reported EPS of Rs.2.58 for the period ended December 31, 2023 as compared to Rs.2.12 for the period ended December 31, 2022.

Financials	Q3 FY2024	Q3 FY2023	% Change
Total Income	₹ 1891.5655 crs	₹1695.6342 crs	11.56%
Net Profit	₹57.4032 crs	₹46.4362 crs	23.62%
EPS	₹2.58	₹2.12	21.70%

Financial Results (9 Months Ended FY2024) - YoY Comparison

The company has reported total income of Rs.5963.9509 crores during the 9 Months period ended December 31, 2023 as compared to Rs.5466.4423 crores during the 9 Months period ended December 31, 2022.

The company has posted net profit / (loss) of Rs.215.1322 crores for the 9 Months period ended December 31, 2023 as against net profit / (loss) of Rs.140.8703 crores for the 9 Months period ended December 31, 2022.

The company has reported EPS of Rs.9.66 for the 9 Months period ended December 31, 2023 as compared to Rs.6.42 for the 9 Months period ended December 31, 2022.

Financials	9 Months Ended FY2024	9 Months Ended FY2023	% Change
Total Income	₹5963.9509 crs	₹5466.4423 crs	9.10%
Net Profit	₹215.1322 crs	₹140.8703 crs	52.72%
EPS	₹9.66	₹6.42	50.47%

Shares of Hatsun Agro Product Limited was last trading in BSE at Rs. 1158.60 as compared to the previous close of Rs. 1160.70. The total number of shares traded during the day was 474 in over 100 trades.

The stock hit an intraday high of Rs. 1164.95 and intraday low of 1137.60. The net turnover during the day was Rs. 546286.00.

Source : Equity Bulls

Keywords

HatsunAgroProduct Q3FY24 9MFY24 ResultUpdate