<h1>Hatsun Agro Product Ltd Approves Quarterly Results, Announces Key Director Re-appointments and Pays Interim Dividend</h1>
Hatsun Agro Product Limited announced significant outcomes from its Board meeting held on July 21, 2026. The company approved the unaudited financial results for the quarter ended June 30, 2026, ratified the re-appointment of two key directors, and declared an interim dividend to shareholders.
The company confirmed the re-appointment of Mr. R G Chandramogan as a Non-Executive Director and Mr. J Shanmuga Priyan as Managing Director. Both appointments, which are subject to approval at the ensuing Annual General Meeting (AGM), were made following the recommendation of the Nomination and Remuneration Committee.
Regarding corporate governance and shareholder matters, the Board meeting fixed Friday, September 25, 2026, for the convening of the 41st AGM via Video Conferencing or other Audio Visual Means. The cut-off date for determining eligible shareholders for voting at the AGM has been set as September 18, 2026.
In a financial action for its stakeholders, Hatsun Agro Product Limited declared and subsequently paid an interim dividend of Rs. 10 per equity share on the fully paid up equity shares of the company, which aggregated to Rs. 222.75 crores.
Financial Performance Snapshot
The Board meeting approved the unaudited financial results for the quarter ended June 30, 2026, supported by a Limited Review Report from the Statutory Auditors. The key performance metrics for this quarter are as follows:| Metric | Value (in ₹ Crores) |
|---|---|
| Revenue from operations | 3,090.49 |
| Total income | 3,093.38 |
| Cost of materials consumed | 2,155.75 |
| Total expenses | 2,922.70 |
| Profit before tax (PBT) | 170.68 |
| Tax expense | 36.99 |
| Profit after tax (PAT) | 133.69 |
Director Appointments and Governance Updates
The Board meeting covered several governance actions, including the re-appointment of two directors:- Mr. R G Chandramogan: Was approved for re-appointment as a Non-Executive Director liable to retire by rotation. Mr. Chandramogan has been in the dairy business for over five decades and is noted for his contributions to the industry.
- Mr. J Shanmuga Priyan: Was approved for re-appointment as Managing Director, also liable to retire by rotation.
The company's financial statements were prepared in compliance with Ind AS 34 (Interim Financial Reporting) and have been reviewed by the Audit Committee of the Board of Directors, which expressed an unmodified review conclusion on the results for the quarter ended June 30, 2026.
Management provided comprehensive details regarding company operations across all segments, noting that the company operates in a single segment: milk and milk products.
HATSUN Stock Price Movement
Hatsun Agro Product Limited shed 0.21% in trading, settling at ₹928.5 today after closing lower from the previous session. The stock saw a volume of 38,644 shares and traded within an intraday range of ₹924 to ₹940.8.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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