Hatsun Agro Q4 FY24 standalone net sales rise 14.38% YoY to Rs 2,046.87 crore

Dairy and consumer brand Hatsun Agro Product posted standalone net sales of Rs 2,046.87 crore for the March 2024 quarter, up 14.38% from Rs 1,789.62 crore a year earlier.

— FiledTue, 23 Apr, 2024, 09:42 IST·First seen Thu, 14 May, 2026, 23:48 IST·Source Moneycontrol · Results

What happened

Hatsun Agro Product, a major Indian dairy and consumer brand, reported standalone net sales of Rs 2,046.87 crore for the March 2024 quarter, up 14.38%

Key facts

  • net sales Rs 2,046.87 crore
  • up 14.38% YoY
  • Rs 1,789.62 crore March 2023

Why this matters

Hatsun's accelerating dairy FMCG revenue base of over Rs 2,000 crore per quarter strengthens its position as a consolidation anchor or partnership target in regional dairy markets.

What to watch

  • Q1 FY25 milk procurement cost trend and monsoon impact on fodder
  • Summer season ice-cream offtake (peak quarter for VADP)
  • Any price hike announcements across SKUs
  • Distribution expansion beyond core South India footprint
  • Net profit and margin disclosure in full results
  • Scrutinize EBITDA margin and net profit delta vs the 14.38% sales line
  • Track value-added product mix (ice cream, curd, paneer) share commentary
  • Watch capacity utilization and capex guidance for new processing plants
  • Monitor competitor response from Amul, Heritage, Dodla on pricing