Press Release23 Apr 2024, 03:05 pm
Hatsun Agro Product Ltd Announces 14.38% Revenue Growth in Q4 FY24, Milk Procurement Up by 39.04% for FY24
AI Summary
Hatsun Agro Product Ltd, India's leading private sector dairy company, announced its financial results for the fourth quarter and the financial year ended March 31, 2024. The company reported a revenue growth of 14.38% for Q4 FY24 and 10.26% for FY24. EBITDA, PBT, and PAT also showed significant growth for both the quarter and the financial year. Milk procurement increased by 39.04% for FY24. The company mentioned that COVID had disturbed operations for two years, but normalcy has been restored in the second half of FY24 for both procurement of milk and sales.
Key Highlights
- Q4 FY 24 revenue growth was 14.38%
- EBITDA in Q4 FY 24 grew by 46.64%
- PBT in Q4 FY 24 registered a growth of 115.59%
- PAT in Q4 FY 24 grew by 108.76%
- Milk procurement grew by 39.04% in FY 24