14/07/2021 5:40:32 PM | Source: Angel Broking Ltd
Quote on Hatsun Agro Product Ltd Q1FY22 Results Mr. Amarjeet Maurya, Angel Broking Ltd
Below are Quote on Hatsun Agro Product Ltd Q1FY22 Results Mr. Amarjeet Maurya, AVP - Mid Caps, Angel Broking Ltd
During the 1QFY22, Hatsun Agro Product Ltd (HAPL) reported revenue of ~Rs1,545cr (up 21% YoY) on back of strong sales across the segments. On the EBITDA front, the company has reported Rs178cr and EBITDA margin at 11.5%, which is down by 325bps yoy due to higher cost. On the bottom-line front, PAT grew by ~4% to Rs58cr. Overall 1Q results were in line with expectation. Hence, we are positive on stock.
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