Hatsun Agro Product (531531) Q1 24/25 earnings summary

Executive summary

• Unaudited financial results for the quarter ended June 30, 2024, were approved, showing strong revenue and profit growth year-over-year.

• Interim dividend of Rs. 6 per equity share (600%) declared, with payment scheduled on or before August 14, 2024.

• Board approved key director appointments and re-appointments, and the opening of a foreign branch office in Delaware, USA.

Financial highlights

• Revenue from operations for Q1 FY25 was ₹2,375.06 crore, up from ₹2,150.64 crore in Q1 FY24 and ₹2,046.87 crore in Q4 FY24.

• Profit after tax for Q1 FY25 was ₹130.54 crore, compared to ₹80.14 crore in Q1 FY24 and ₹52.15 crore in Q4 FY24.

• Total comprehensive income for Q1 FY25 stood at ₹131.40 crore, up from ₹79.79 crore in Q1 FY24.

• Basic and diluted EPS for Q1 FY25 was ₹5.86, compared to ₹3.60 in Q1 FY24.

Outlook and guidance

• The interim dividend of Rs. 6 per share is the first for FY25, reflecting confidence in ongoing performance.