Integrated Filing — IndAS



General information about company
Scrip Code 531531
NSE Symbol HATSUN
MSEI Symbol NOTLISTED
ISIN INE473B01035
Name of company HATSUN AGRO PRODUCT LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 18-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 10-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Single segment
Description of single segment Milk and Milk Products
Start date and time of board meeting 18-Jul-2025   15:30:00
End date and time of board meeting 18-Jul-2025   16:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There is no default on loans and debt securities by the company.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 25349100000
Other income 33100000
Total income 25382200000
2 Expenses
(a) Cost of materials consumed 15302000000
(b) Purchases of stock-in-trade 6200000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1780200000
(d) Employee benefit expense 643900000
(e) Finance costs 433100000
(f) Depreciation, depletion and amortisation expense 1289800000
(f) Other Expenses
1 Other expenses 3913900000 3913900000
Total other expenses 3913900000
Total expenses 23369100000
3 Total profit before exceptional items and tax 2013100000
4 Exceptional items 0
5 Total profit before tax 2013100000
6 Tax expense
7 Current tax 554400000
8 Deferred tax -22100000
9 Total tax expenses 532300000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 1480800000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 1480800000
17 Other comprehensive income net of taxes 1100000
18 Total Comprehensive Income for the period 1481900000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 222800000
Face value of equity share capital 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 6.65
Diluted earnings (loss) per share from continuing operations 6.65
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 6.65
Diluted earnings (loss) per share from continuing and discontinued operations 6.65
24 Debt equity ratio 0
25 Debt service coverage ratio 0
26 Interest service coverage ratio 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1The Statement of Unaudited Standalone Financial Results the Statement of Hatsun Agro Product Limited the Company for the quarter ended June 30 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 18 2025 The statutory auditors have expressed an unmodified review conclusion on the standalone financial results for the quarter ended June 30 2025 n2The Statement has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard Ind AS 34 Interim Financial Reporting Ind AS 34 prescribed under Section 133 of the Companies Act 2013 read with relevant rules issued thereunder and other accounting principles generally accepted in India and in compliance with Regulation 33 of the SEBI Listing Obligation and Disclosure Requirements Regulations 2015 as amended n3The financial results for the year ended March 31 2025 have been audited and for the quarter ended March 31 2025 have been reviewed by the statutory auditors of the Company The figures for the quarter ended March 31 2025 are the balancing figures between the audited figures in respect of the financial year ended March 31 2025 and published yeartodate figures for nine months ended December 31 2024 which were subjected to limited review by the statutory auditors n4Based on the management approach as defined in Ind AS 108 Operating Segments the Chief Operating Decision Maker CODM evaluates the Companys performance and allocates resources based on analysis of various performance indicators by operating segments The Company operates in a single segment viz milk and milk products and hence segment information has not been separately disclosed n5During the quarter and year ended March 31 2025 pursuant to the approval of the Board of Directors the Company had acquired the entire shareholding equity and preference of Milk Mantra Dairy Private Limited MMDPL from their existing shareholders for an aggregate cash consideration of Rs233 crores Pursuant to the same MMDPL had become a subsidiary of the Company with effect from January 27 2025 n6The Board of Directors of the Company at their meeting held on April 28 2025 approved the Scheme of Amalgamation under Sections 230 to 232 and other applicable provisions of the Companies Act 2013 and the rules made thereunder for merger amalgamation of the whollyowned subsidiary Milk Mantra Dairy Private Limited with Hatsun Agro Product Limited with an appointed date of April 01 2025 or such other date as approved by the appropriate authority The said Scheme has been filed during the current quarter and is subject to approval of the National Company Law Tribunal NCLT and other appropriate authorities Pending approval of the said Scheme no adjustments have been made with respect to the proposed amalgamation in the standalone financial results for the quarter ended June 30 2025 n7The Board at its meeting held on July 18 2025 declared an interim dividend of Rs6 per equity share of Re1 each 600 percent on the fully paidup equity shares of the Company numbering 222748268 aggregating to a sum of Rs133 65 crores This is the first interim dividend for the financial year 202526 n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss -1500000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 400000
5 Total Other comprehensive income 1100000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 Deloitte Haskins& Sells LLP Yes 31-Jul-2027