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Hatsun Agro Products announces FY25 results, approves Milk Mantra merger

April 28, 2025 at 07:05 PM UTCBy FilingReader AI

Hatsun Agro Products (BSE: 531531) today announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2025. Key highlights include standalone revenue from operations of INR8,667.24 crore for FY25, with a net profit after tax of INR285.44 crore. Consolidated revenue from operations reached INR8,699.76 crore, and consolidated net profit after tax was INR278.81 crore. Alongside the earnings announcement, Hatsun Agro Products also disclosed the approval of a scheme of amalgamation for the merger of its wholly-owned subsidiary, Milk Mantra Dairy Private Limited, into the company. The merger aims to achieve consolidation, greater integration and financial strength, improve efficiency in cash management, and augment manufacturing footprint and capabilities. The proposed scheme is subject to necessary approvals from regulatory bodies and shareholders. Hatsun Agro also appointed M/s. Ramachandran & Associates as cost auditors for the FY2025-26 and S Dhanapal & Associates LLP as Secretarial Auditors of the Company for the first Term of Five consecutive years from FY 2025-26 to FY 2029-30 subject to the approval of Shareholders in the ensuing Annual General Meeting

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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