HATSUN2025-10-012025-12-31HATSUN2025-04-012025-12-31HATSUN2025-10-012025-12-31in-capmkt:OtherExpenses1MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses2MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses3MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses4MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses5MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses6MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses7MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses8MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses9MemberHATSUN2025-10-012025-12-31in-capmkt:OtherExpenses10MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses1MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses2MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses3MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses4MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses5MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses6MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses7MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses8MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses9MemberHATSUN2025-04-012025-12-31in-capmkt:OtherExpenses10MemberHATSUN2025-10-012025-12-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares531531HATSUNNOTLISTEDINE473B01035HATSUN AGRO PRODUCT LIMITEDMain BoardEquity2025-04-012026-03-312026-01-192026-01-09INRCroresQuarterlyThird quarterSingle segmentMilk and Milk Products2026-01-1910:00:002026-01-1912:10:00Declaration of unmodified opinion2025-10-012025-12-31UnauditedConsolidated236372000002960000023666800000156733000004230000099830000078500000033120000014645000003583000000228776000007892000000789200000233500000-501000001834000000605800000000060580000046400000652200000000022280000012.722.72002.722.721.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 nine months ended December 31, 2025, have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on January 19, 2026. The statutory auditors have expressed an unmodified review conclusion on the consolidated financial results for the quarter and nine months ended December 31, 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.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> 4.The figures for the quarter and nine months ended December 31, 2024 represent the standalone financial results of the Parent for the relevant period. The figures for the quarters ended December 31, 2025 and September 30, 2025, nine months ended December 31, 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 December 31, 2025 and September 30, 2025, nine months ended December 31, 2025 and year ended March 31, 2025 are not comparable with the results for the quarter and nine months ended December 31, 2024. <BR> 5.On November 21, 2025, the Government of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee Benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. <BR> <BR> The implementation of the Labour Codes has resulted in an increase of Rs. 9.42 crores in the provision for defined benefit obligation, which has been recognised as an employee benefit expense in the current quarter and nine months ended December 31, 2025. The Group continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required. <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.2025-04-012025-12-31UnauditedConsolidated738159000001114000007392730000046064500000118500000471780000022128000001140300000427750000011289000000698204000004106900000041069000001232900000-179100000105380000003053100000000030531000005030000031034000000000222800000113.7113.710013.7113.71Other expenses3583000000000000000000000000Other expenses11289000000000000000000000000-61900000-6710000015500000168000004640000050300000UnauditedtrueDeloitte Haskins & Sells LLPtrue2027-07-31