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Hatsun Agro to strengthen its operations in Andhra Pradesh

20 Aug 2014 Evaluate

Hatsun Agro is planning to strengthen its operations in Andhra Pradesh. The dairy products maker is also planning to strengthen its cattle feed business during FY15.

The company acquired a cattle feed plant in Karur in Tamil Nadu and Jyothi Dairy in Andhra Pradesh during the last financial year. The company reported a total income of Rs 2,502.03 crore for the year ending March 31, 2014 up by 15 per cent over previous year, while net profit grew to Rs 81.68 crore up by 83 per cent,.

Hatsun Agro Products is the largest private sector dairy company in India and has a distinct advantage of dealing in cow's milk. The company procures around 1.65 million liters of liquid milk per day by directly collecting it from farmers spread over 4,500 villages in south India.

Peers
Company Name CMP
Nestle India 1357.90
Varun Beverages 431.50
Britannia Industries 4914.75
LT Foods 424.65
Hatsun Agro Product 1136.45
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