Hatsun Agro Q1 profit rises by 14.1%

CHENNAI: Dairy products maker Hatsun Agro Product has reported 14.1 per cent increase in net profit at Rs 15.86 crore for the first quarter ending June 30, 2013.

The Chennai-based company had reported net profit of Rs 13.89 crore during the corresponding period of previous year.

The total income from operations for the first quarter ending June 30, 2013 rose to Rs 604.84 crore from Rs 490.51 crore registered during the corresponding period of previous year, Hatsun Agro Product said in a BSE filing.

Shares of the company ended at Rs 127 apiece, up by 5.57 per cent, over previous close in BSE.