Hatsun Agro Product Limited Reports 19.3% Revenue Growth to ₹3,090.49 Crore in Q1 FY27; Net Profit at ₹133.69 Crore

Hatsun Agro Product Limited (NSE: HATSUN, BSE: 531531), India's largest private-sector dairy company, announced its unaudited financial results for the first quarter ended June 30, 2026 (Q1 FY27).

Supported by robust demand across its milk, ice cream, and value-added dairy product lines, the Chennai-headquartered dairy giant achieved a 19.31% year-on-year (YoY) revenue growth, with sales crossing the ₹3,000 crore milestone in a single quarter.

Consolidated Q1 FY27 Financial Highlights

(All figures in ₹ Crore, unless otherwise specified)

Revenue from Operations: Clambered 19.31% Y-o-Y to ₹3,090.49 crore, up from ₹2,590.28 crore in Q1 FY26 and growing 19.89% sequentially over Q4 FY26 (₹2,577.63 crore).

Total Income: Reached ₹3,093.38 crore, compared to ₹2,594.20 crore in Q1 FY26 and ₹2,580.21 crore in Q4 FY26.

Operating EBITDA: Stood at ₹353.59 crore for the quarter.

Profit Before Tax (PBT): Reached ₹170.68 crore, marking a sharp sequential rebound from ₹59.77 crore in Q4 FY26.

Profit After Tax (PAT): Reported at ₹133.69 crore for Q1 FY27 (compared to ₹135.19 crore in Q1 FY26 and ₹50.89 crore in Q4 FY26, representing a 162.7% sequential jump).

Total Comprehensive Income: Stood at ₹133.31 crore for the quarter.

Expenditure & Operating Expenses Breakdown

Total expenses for Q1 FY27 stood at ₹2,922.70 crore, compared to ₹2,409.96 crore in the year-ago period:

Cost of Materials Consumed: Accounted for ₹2,155.75 crore (vs. ₹1,569.87 crore in Q1 FY26).

Purchases of Stock-in-Trade: Stood at ₹0.92 crore (vs. ₹6.15 crore in Q1 FY26).

Changes in Inventories: Recorded at ₹32.49 crore for finished goods, work-in-progress, and stock-in-trade.

Employee Benefits Expense: Rose to ₹84.95 crore (vs. ₹68.86 crore in Q1 FY26).

Finance Costs: Reduced significantly to ₹31.63 crore (down 27.1% YoY from ₹43.38 crore in Q1 FY26).

Depreciation & Amortization Expense: Stood at ₹151.28 crore (vs. ₹137.13 crore in Q1 FY26).

Other Expenses: Accounted for ₹465.68 crore (vs. ₹407.12 crore in Q1 FY26).

Tax Provisioning: Total tax outlay for the quarter was ₹36.99 crore (comprising current tax of ₹47.26 crore offset by a deferred tax credit of ₹10.27 crore).

Share Capital & Per Share Metrics

Basic & Diluted Earnings Per Share (EPS): Reached ₹6.00 per equity share (face value ₹1/- each) for the quarter (not annualized), compared to ₹6.07 in Q1 FY26 and ₹2.28 in Q4 FY26.

Paid-Up Equity Share Capital: Stood at ₹22.28 crore (face value Re. 1/- per share).

Other Equity: Stood at ₹1,922.24 crore (excluding revaluation reserves) as of March 31, 2026.

Commenting on the performance, R.G. Chandramogan, Chairman, Hatsun Agro Product Ltd (HAP), said: "Hatsun enters FY27 with strong momentum, driven by the enduring equity of our flagship brands, a resilient business model, and sharp operational focus. The scale of Hatsun Agro Product Limited's operations reflects its unwavering commitment to serving millions of consumers across the world. Powered by 22 world-class manufacturing facilities across six states, the company has sold 153 crore consumer packs during the quarter, catering to the diverse needs of consumers across rural, semi-urban, and urban markets. This sales figure is more than equivalent to serving one product each to the entire population of India, underscoring the company's unmatched modern manufacturing capabilities and extensive nationwide reach. The quarter also marked a significant financial milestone, with the company surpassing ₹3,000 crores in quarterly revenue for the first time in its history-an achievement that translates to an average monthly revenue of over ₹1,000 crores and reflects the company's sustained growth trajectory and strong consumer demand.

HAP's consistent growth is driven by its diversified portfolio, which caters to consumers across every segment through products spanning multiple categories and price points. This broad-based strategy has enabled the company to strengthen its market leadership while delivering sustained business performance in an increasingly dynamic consumer landscape.

This significant milestone has been achieved through the company's robust network of over 4,700 exclusive retail and distribution outlets, ensuring that HAP's products are readily accessible to consumers across the length and breadth of the country. Backed by a portfolio of trusted, consumercentric brands-including Arun Icecreams, Arokya, Hatsun, Milky Moo, HAP Daily, and Ibaco-the company continues to set industry benchmarks in quality, innovation, accessibility, and consumer trust. With a strong focus on anticipating evolving consumer preferences, HAP has consistently been an initiator of change, introducing innovations that shape the market and set new industry standards. As one of India's leading dairy and ice cream companies, HAP remains steadfast in its commitment to enriching everyday lives while driving sustainable growth and creating long-term value for all its stakeholders.

Shares of Hatsun Agro Product Limited was last trading in BSE at Rs. 928.95 as compared to the previous close of Rs. 930.65. The total number of shares traded during the day was 3271 in over 260 trades.

The stock hit an intraday high of Rs. 939.65 and intraday low of 925.00. The net turnover during the day was Rs. 3050190.00.

Source : Equity Bulls

Keywords

HatsunAgroProduct INE473B01035 HAP PackagedFoods Q1FY27 Q1FY2027 ResultUpdate