Hatsun Agro Products, manufacturers of popular milk brand ‘Arokya’ will focus on strengthening its presence in the domestic curd market. The company also plans to take ahead its retail ice cream parlour IBACO during the current financial year. This would enable the company to maintain its leadership position.
Hatsun Agro Products is the largest private sector dairy company in India and hence has a distinct advantage of dealing in cow's milk. For the first quarter ending June 2013, the Chennai-based company had reported a 23% growth in net sales from operations to Rs 601.98 crore as against Rs 489.70 crore registered during the first quarter of previous year.
Net profit of the company for the first quarter grew to Rs 15.86 crore from Rs 13.89 crore registered in the year ago period.
