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Quote on Hatsun Agro Product Ltd Q1FY22 Results Mr. Amarjeet Maurya, Angel Broking Ltd
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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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