Hatsun Agro reports 70% rise in PAT in Q2 FY26

INDIA – Chennai-based Hatsun Agro Product Ltd (HAP) reported net profit of US$846,800 (Rs 109.54 crore) in the second quarter of FY26 compared to US$497,200 (Rs 64.32 crore) in September 2024, a rise of 70.30 percent.

HAP recorded revenue from operations of US$18.75 million (Rs 2,427.59 crore) for Q2 FY26, an increase of 17.6 percent over US$16 million (Rs 2,072.10 crore) in Q2 FY25.

For the half year ended September 30, 2025, revenue stood at US$38.78 million (Rs 5,017.87 crore) and profit after tax at US$1.89 million (Rs 244.73 crore), making it the first private dairy company to achieve these distinctions.

Total expenses increased 14.7% YoY to US$17.66 million (Rs 2,284.32 crore), though expenses were down 5.2% sequentially.

Employee benefit expenses rose 22.9% YoY to US$571,000 (Rs 73.92 crore), while finance costs fell 16% YoY to Rs 37.53 crore. Depreciation stood at US$1.11 million (Rs 144.17 crore), up 24.7% YoY.

Other expenses rose 9.9% YoY to US$2.81 million (Rs 363.48 crore), but slipped 10.7% sequentially from Rs 407.12 crore in Q1 FY26.

Tax expense stood at US$293,500 (Rs 37.99 crore), up 63.89% compared with US$179,100 (Rs 23.18 crore) in Q2 FY25.

For the first half of FY26, Hatsun Agro reported consolidated net cash generated from operating activities at US$8.21 million (Rs 1,061.78 crore), higher than Rs 883.33 crore in the same period last year.

The growth was supported by steady consumer demand across core categories and stable procurement from HAP’s extensive farmer network.

RG Chandramogan, Chairman, Hatsun Agro Products Ltd (HAP), said: “Our performance reflects the strength of HAP’s steady foundation work we have done in the past, and disciplined approach to growth.

“We continued to extract value from our core dairy portfolio while expanding reach across priority markets. Consistent consumer demand supported with volume growth across milk, yoghurt and ice cream.”

He further said that the company’s focus remains on improving efficiency across every link of the value chain, from farmer engagement to last-mile distribution, ensuring quality and freshness are maintained with multiple factories.

“As we move into the second half of the year, our priorities are to sustain growth, enhance productivity and reinforce the trust that consumers and farmers place in us,” he said.

About Hatsun Agro

Hatsun Agro Product Ltd. is a private-sector dairy company. It procures milk directly from over 4,00,000 carefully selected farmers. Hatsun Agro’s brand portfolio includes Arun Ice creams, Arokya Milk, Hatsun Dairy Products, ibaco, Aniva, Hanobar Chocolates, Havia & Santosa.

With 4,000+ HAP daily Exclusive Stores, HAP has expanded its footprint across Tamil Nadu, Karnataka, Andhra Pradesh, Telangana, Maharashtra, Kerala, Odisha, Goa, Chhattisgarh, Madhya Pradesh, West Bengal, Jharkhand, Gujarat, Andaman and Nicobar Islands, and Bihar, ensuring greater accessibility to its products.

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