Chennai-based diary brand Hatsun Agro Product (HAP) reported a 1.5 per cent decline in profit after tax (PAT) at ₹133 crore for the quarter ending June 2026, as against ₹135 crore for the same quarter last year on higher costs.

This was despite a robust 19 per cent growth in revenue from operations during the quarter to ₹3,093 crore as against ₹2,251 crore in Q1FY26.  The company reported a marked increase in the cost of materials consumed at ₹2,156 crore, up 37 per cent from ₹1,570 crore in the year ago quarter. 

“Hatsun enters FY27 with strong momentum, driven by the enduring equity of our flagship brands, a resilient business model, and sharp operational focus. 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,” said RG Chandramogan, Chairman, Hatsun Agro Product. 

Chandramogan added that Hatsun’s network of retail and distribution outlets now stood at over 42,000 while the company currently operates over 22 manufacturing facilities in six states. 

Hatsun Agro Product shares on NSE closed at ₹928.50 on Tuesday down ₹1.95 or 0.21 per cent from the previous day’s close.

Published on July 21, 2026