5315312025-07-012025-09-305315312025-09-305315312025-03-315315312025-04-012025-09-305315312025-07-012025-09-30in-capmkt:OtherExpenses1Member5315312025-04-012025-09-30in-capmkt:OtherExpenses1Member5315312025-07-012025-09-30AuditorDomain1iso4217:INRiso4217:INRxbrli:shares531531HATSUNNOTLISTEDINE473B01035HATSUN AGRO PRODUCT LIMITEDMain BoardEquity2025-04-012026-03-312025-10-272025-10-15INRCroresQuarterlySecond quarterSingle segmentMilk and Milk products2025-10-2710:00:002025-10-2711:25:00trueCash Flow IndirectDeclaration of unmodified opinion2025-07-012025-09-30UnauditedConsolidated242759000004260000024318500000146925000001470000019450000007392000003753000001441700000363480000022843200000147530000001475300000445000000-65100000379900000010954000000000109540000024000001097800000000022280000014.924.92004.924.921.The Statement of Consolidated Unaudited Financial Results ("the Statement") of Hatsun Agro Product Limited ("the Parent") and its wholly-owned subsidiary, Milk Mantra Dairy Private Limited (the Parent and its wholly-owned subsidiary together referred to as "the Group"), for the quarter and half year ended September 30, 2025, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on October 27, 2025. The statutory auditors have expressed an unmodified review conclusion on the consolidated financial results for the quarter and half year ended September 30, 2025. <BR> 2.The 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. <BR> 3.The Consolidated Balance Sheet as at September 30, 2025 and Consolidated Cash Flows for the half year ended September 30, 2025 are provided as Annexures to this Statement. <BR> 4.Based on the management approach as defined in Ind AS 108 - Operating Segments, the Chief Operating Decision Maker (CODM) evaluates the Group’s performance and allocates resources based on analysis of various performance indicators by operating segments. The Group operates in a single segment viz., milk and milk products and hence segment information has not been separately disclosed. <BR> 5.The figures for the quarter and half year ended September 30, 2024 represent the standalone financial results of the Parent for the relevant period. The figures for the quarters ended September 30, 2025 and June 30, 2025, half year ended September 30, 2025 and year ended March 31, 2025 include the financial results of the Parent and its wholly-owned subsidiary, Milk Mantra Dairy Private Limited. Hence, the reported numbers for the quarters ended September 30, 2025 and June 30, 2025, half year ended September 30, 2025 and year ended March 31, 2025 are not comparable with the results for the quarter and half year ended September 30, 2024. <BR> 6.The Board of Directors of the Parent at their meeting held on April 28, 2025 had 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 wholly-owned 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 had been filed 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 in the consolidated financial results for the half year ended September 30, 2025 in this regard. <BR> 7.During the half year ended September 30, 2025, pursuant to the approval of the Board of Directors, the Parent has declared and paid an interim dividend of Rs.6 per equity share of Re.1 each (600%) on the fully paid-up equity shares of the Company numbering 22,27,48,268, aggregating to a sum of Rs.133.65 crores. This is the first interim dividend for the financial year 2025-26.2025-04-012025-09-30UnauditedConsolidated5017870000081800000502605000003039120000076200000371950000014278000008091000002813000000770600000046942800000331770000003317700000999400000-1290000008704000000244730000000002447300000390000024512000000000222800000110.9910.990010.9910.99Other expenses3634800000Other expenses7706000000337537000003532000001064000007046000008562000000003469000000074070000010876000005500000426600000372938000005770500000223000000101000000480200000164000000158400000979000000024970000069992000000044293000000222800000180675000001829030000001829030000091958000000003711200000129070000003075000000010990000013324400000605240000083900000246490000025488000003235100000118363000004446000001621000002353000000126783000000026002700000442930000008091000004192600000-19400000001794000000-5800000003410000000028130000000070000005940000000028700000000-347000000007953800000112715000000006537000000106178000000000000072200000232530000001066000000000000001364600000154840000000000294000000114900000-23992000000000000018941000007611000000630300000133650000063200000000-8315700000-971000000-97100000577300000480200000-3100000-5200000700000130000024000003900000UnauditedtrueDeloitte Haskins& Sells LLPtrue2027-07-31