Hatsun Agro Product

Hatsun Agro Product Ltd (HAP), often referred as Hatsun, is a leading private sector dairy company in India based in Chennai.[1][2] It was founded by R. G. Chandramogan in 1970. It had become a billion dollar company by mid-2016.[3][4] The Company was also awarded "The Fastest Growing Asian Dairy Company".[5][6][7][8] The Dairy product maker has been bagging the Golden Trophy from the Indian Government for largest dairy products exporter for the last many years.[9]

Hatsun Agro Product Ltd
TypePublic company
BSE: 531531
NSE: HATSUN
ISININE473B01035
Founded1970 (1970)
FounderR.G. Chandramogan
HeadquartersChennai, Tamil Nadu, India
Area served
India
Key people
ProductsDairy products
Brands
  • Arun Icecreams
  • Arokya Milk
  • Hatsun Daily
  • Ibaco
  • Oyalo
  • Santosa
Revenue5,400 crore (US$760 million) (2018)
746.36 crore (US$100 million) (2018)
382.63 crore (US$54 million) (2018)
Websitewww.hap.in

Growth

The company has tripled its total turnover over the past 3 years and is set to become the fastest-growing dairy company in the world, with a record growth rate of 116% over the past 3 successive Quarters.[10][11]

During the financial year 2011–2012, the company grew at a rate of 23.6%.[12] Future expansion plans in the Middle East and North America have pushed the company towards capitalising on these regions.

References

  1. "Shifting of Registered Office within local limits of the City". The Hindu Business Line. Retrieved 22 February 2015.
  2. "Hatsun Agro to give its dairy products a national push
  3. R. Balaji. "Private initiative gives a leg up to dairy farmers". The Hindu Business Line. Retrieved 22 February 2015.
  4. Our Bureau. "Strong sales push Hatsun Agro net up". The Hindu Business Line. Retrieved 22 February 2015.
  5. R. Balaji. "'The problem of plenty was a blessing in disguise'". The Hindu Business Line. Retrieved 22 February 2015.
  6. "Hatsun Agro set to expand capacity
  7. "The Hindu Business Line : Hatsun has wedding plans for ice-cream". thehindubusinessline.in. Retrieved 22 February 2015.
  8. "The Hindu Business Line : Hatsun sets sights beyond South & Ice-cream plant coming up in Seychelles". thehindubusinessline.in. Retrieved 22 February 2015.
  9. "Dairy product maker Hatsun Agro bags tops exporter award"
  10. Our Bureau. "Hatsun Agro's net profit doubles in Q4". The Hindu Business Line. Retrieved 22 February 2015.
  11. Capital Market (1 June 2013). "Hatsun Agro Product net profit rises 115.60% in the March 2013 quarter". business-standard.com. Retrieved 22 February 2015.
  12. R.G. CHANDRAMOGAN. "Private sector's White Revolution". The Hindu Business Line. Retrieved 22 February 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.