Hatsun Agro Product has reported results for third quarter ended December 31, 2013.
The company has reported over two fold rise in its net profit at Rs 30.88 crore for the quarter ended December 31, 2013 as compared to Rs 15.02 crore for the same quarter in the previous year. Total income from operations of the company has increased by 16.58% at Rs 633.28 crore for quarter under review as compared to Rs 543.21 crore for the quarter ended December 31, 2012.
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.