Hatsun Agro Product Limited's Board of Directors met on April 28, 2025, and approved the following:
- Financial Results: Approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2025.
- Standalone Q4 FY25: Revenue from operations was ₹2,210.33 crore, Profit After Tax (PAT) was ₹29.64 crore.
- Standalone FY25: Revenue from operations was ₹8,667.24 crore, PAT was ₹285.04 crore, and EPS was ₹12.81.
- Consolidated Q4 FY25: Revenue from operations was ₹2,242.85 crore, PAT was ₹43.01 crore.
- Consolidated FY25: Revenue from operations was ₹8,699.76 crore, PAT was ₹278.81 crore, and EPS was ₹12.51.
- Note: Consolidated results for Q4 & FY25 include Milk Mantra Dairy Private Limited, acquired for ₹233.00 crore cash on January 27, 2025, making prior period comparisons (which are standalone) not directly comparable.
- Auditors: Approved the Statutory Auditors' Report (unmodified opinion) for FY25 results. Approved the appointment of M/s. Ramachandran & Associates as Cost Auditors for FY 2025-26 and S Dhanapal & Associates LLP as Secretarial Auditors for FY 2025-26 to FY 2029-30 (subject to shareholder approval).
- Reports: Approved the Board's Report, Corporate Governance Report, Management Discussion and Analysis, and Business Responsibility and Sustainability Report for FY 2024-25.
- Merger Scheme: Approved the Draft Scheme of Amalgamation/Merger of the Wholly-Owned Subsidiary, Milk Mantra Dairy Private Limited, with Hatsun Agro Product Limited. The scheme is subject to necessary approvals from NCLT, shareholders, and other authorities.