Revenue from operations was at Rs 1,626.26 crore for the quarter ended 31 March 2022 as against Rs 1,563.04 crore during the same period in the previous year, registering a growth of 4%. On a sequential basis, net sales rose 3.1% to Rs 1,626.26 crore in Q4 FY22 over Q3 FY22.
Profit before tax (PBT) tanked 55.9% to Rs 39.99 crore in Q4 March 2022 as against Rs 90.78 crore in Q4 March 2021. Profitability was dented after the company reported a 7.5% rise in total expenses to Rs 1,476.98 crore in Q4 FY22 over Q4 FY21.
On a segmental basis, revenues from Milk & Milk products segment grew 3.8% to Rs 1,507.73 crore in Q4 FY22 as against Rs 1,452.5 crore in Q4 FY21. Revenues from Others segment rose 7.23% to Rs 1,18.53 crore in Q4 FY22 as compared to Rs 123.68 crore in Q4 FY21.
The company's net profit declined 11.5% to Rs 217.91 crore on 14.8% increase in net sales to Rs 6,370.36 crore in the year ended March 2021 over the year ended March 2020.
Hatsun Agro Product manufactures and markets products that cater to both cooking and consumption, like, milk, curd, ice creams, dairy whitener, skimmed milk powder, ghee, paneer and lots more.
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