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    Consider you are a fundamental stock analyser whose task is to analyse the given text extracted from a pdf of the financial result of a company
    and summarize the text to extract as much quantitative informations which are useful in analysing the trend of stock in market.

    Take care of the following points when extracting:
    - Pay attention to all the numerical data.
    - Summarize the text involving all numerical information.
    - What does that numerical quantity represent in the text? Give a brief summary around it.
    - Do not miss any relevant numerical information

    Analyse the text to determine:
    - the financial year and quarter. In India the Financial Year is from 1 April of current year to 1 April of next year.
    - the profit numerically as well as profit growth percentage.
    - the asset worth and percentage change in asset value (whether increase or decrease)
    - the GNPA if mentioned and its growth.
    - the analysis on the basis of stock trend if mentioned in the text.
    - any other important financial information which may impact the stock price of the given stock.

    Now summarize the following text:
    HAP | Hatsun Agro Product Limited 
CIN: L15499TN1986PLC012747 
Registered Office: Corporate Office 
No.41 nakiram Colony Main Road, Janakiram Colony, Plot No 14, TNHB, TN Housing Board 'A’ Road 
0 106, Tamil Nadu Sholinganallur, Chennai - 600 119, Tamil Nadu 
p.in | Landline & Fax : 044 4796 1124 E: info@hap.in | www.hap.in | P: 0 1622 | F: <PRESIDIO_ANONYMIZED_PHONE_NUMBER> 
HAPL\SEC\63\2024-25 November 04, 2024 
BSE Limited National Stock Exchange of India Ltd 
Corporate Relationship Department Exchange Plaza, 5" Floor, 
2nd Floor, New Trading Ring, Plot No. C/1, G Block, 
Phiroze Jeejeebhoy Towers, BandraKurla Complex, 
Dalal Street, Mumbai - 400 001 Bandra(E), Mumbai — 400 051 
Stock Code: BSE: 531531 
NSE: HATSUN 
பண Sir / Madam, 
இம: Outcome of the Board Meeting held today i.e November 04, 2024 — Reg. 
Further to our intimation dated October 25, 2024 and pursuant to Regulation 30 read with Schedule 111 
of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (“5881 
Regulations™), we would like to inform you that the Board of Directors of the Company at it’s meeting 
held today, i.e., November 04, 2024 has inter-alia 
1) Approved the Unaudited Financial Results of the Company for the quarter and half year 
ended September 30, 2024. 
2) Taken note of the Related Party Transactions for the quarter and half year ended September 
30. 2024 pursuant to Regulation 23(9) of SEBI Regulations. 
Copies of above said Unaudited Financial Results and Limited Review Report of the Statutory 
Auditors of the Company for the quarter and half year ended September 30, 2024 are enclosed 
pursuant to Regulation 33 of SEBI Regulations. The same are also being furnished through XBRL 
Mode. An extract of the aforesaid financial results will be published in English and Tamil newspapers 
within the timelines stipulated as per SEBI Regulations. 
The disclosure on Related Party Transactions on a consolidated basis for the half ண ended 
September 30, 2024 pursuant to Regulation 23(9) of SEBI Regulations is being furnished through 
XBRL mode separately. 
Hatsun Agro Product Limited 
ரிங்‌ வளி யாணன்‌  ibaeo Aniva 
HaNOBaR’ santosa FOR HEALTHY COWS HAP | Hatsun Agro Product Limited 
CIN: L15499TN1986PLC012747 
Registered Office: Corporate Office: 
No.41 (49), Janakiram Colony Main Road, Janakiram Colony, Plot No 14, TNHB, TN Housing Board 'A’ Road 
Arubakkam, Chennai - 600 106, Tamil Nadu. Sholinganallur, Chennai - 600 119, Tamil Nadu 
E:info@hap.in | www.hap.in | Landline & Fax : 044 4796 1124 E: info@hap.in | www.hap.in | P: <PRESIDIO_ANONYMIZED_PHONE_NUMBER> | £: <PRESIDIO_ANONYMIZED_PHONE_NUMBER> 
We also wish to bring to the notice of the Exchange that the Board Meeting commenced at 10.30 
AM and concluded at 12 3௦ P.M today. 
Thanking you. 
Yours faithfully, 
For Hatsun Agro Product Limited 
C Sathyan 
Vice Chairman 
DIN: 00012439 
Hatsun Agro Product Limited 
s வளி மண 6௭௦ Aniva 
௦2 Santosa daily CHOCOLATES CL FOR HEALTHY COWSHATSUN AGRO PRODUCT LIMITED 
CIN: L15499TN1986PLC012747 
REGD.OFFICE: NO.41 (49), JANAKIRAM COLONY MAIN ROAD, 
JANAKIRAM COLONY, ARUMBAKKAM, CHENNAI 600 106. 
Phone: <PRESIDIO_ANONYMIZED_PHONE_NUMBER>; Fax: 044-47961124 
E-mail: <PRESIDIO_ANONYMIZED_EMAIL_ADDRESS>; Website: www.hap.in 
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2024 
(Xin Crores Except €S ) 
Quarter ended | Quarter ended | மேலான ended Half Year ended Half Yearended | _Year ended 
பு September 30, 2024 | June 30, 2024 | September 30, 2023 | September 30, 2024 | September 30, 2023 | March 31, 2024 
Unaudited Unaudited Unaudited Unaudited Unaudited Audited 
1 [income 
(a) |Revenue from operations 2,072.10) 2,375.08 1,905.40) 4,447.16) 4,056.04) 7,990.40 
(b)[other income 6.62] 2.17] 14.12] 8.79 16.35 22.58 
Total income 2,078.72) 2,377.23) 1,919.52 4,455.95 4,072.39 8,012.98] 
2 [Expenses 
(a)|Cost of materials consumed 1,444,83] 1,536.28] 1,603.80 2,981.11 311731 6,359.08 
(b) |Purchases of stock-in-trade 131 118 2.6] 2.49] 5.50 7.05 
(c) |changes in inventories of finished goods, 
[stock-in-trade and work-in-progress (5.92) 86.66] {272.81)| 80.74] (237.6) (747.0) 
() [Employee benefits expense 60.14 59.04 54.92 119.20) 110.73] 226.21] 
(e)[Finance costs 44.70] 45.86 32.16] 90.56] 65.72 15418] 
() [Depreciation and amortisation expense 11556] 12104 99.51 226.60 196.98 409.49) 
(8) |Other expenses. 330.58 361.59) 298.03] 692.17] 603.48] 1,246.20) 
Total expenses 1,991.22 2,201.65) 1,818.26 4,192.87 3,862.06 7,655.11] 
3 [profit before tax (1-2) 87.50) 175.58) 101.26| 263.08 21033 357.87) 
4 [Tax expense 
- Current tax 25.72] 52.55 45.34 78.27 74.69] 128.40| 
- Deferred tax (net) (2.54) (7.51) (21.65) (10.05) (22.09) (37.80) 
Tax expense 23.18 45.04] 23.69 68.22 52.60) 90.60] 
5 [Profit after tax (3-4) 64.32] 13054 77.57 194.8 157.73 267.27 
6 [other comprehensive Income: 
(i) Items that will not be reclassified to 
profit or loss in subsequent periods 
- Re-measurement loss/(gains) of 122] (L15) (1.12) 0.07] (0.64] 2.75] 
defined benefit plans 
- Income tax relating to items that will (0.31) 0.29] 0.24] (0.02) 0.16 (0.69) 
not be reclassified to profit or loss 
Total other comprehensive (income)/I நாண்ணள்கண்ணன்ணை 0.81] (0.86) (0.83) 0.05] (0.48) 2.06 
7 [Total comprehensive income for the 
period/year (5 + 6) 63.41 131.40 78.40 194.81] 15821 265.21 
8 [Paid-up Equity share capital 22.28] 22.28 22.28 22.28 22.28 22.28 
9 [other Equity (excluding revaluation reserve) . . , - : 1,549.97 
10 [Earnings Per Share ( Face value of Re. 1/- per] 
share) Not annualised for quarters 
(a) Basic (in %) 2.59] 5.86 3.48] 8.75] 7.08] 12.00 
(b) Diluted (in %) 2.89) 5.86 3.48] 8.75 7.08 12.00 
For and on behalf of the Board of Directors 
of Hatsun Agro Product Limited 
C. sathyan 
Vice Chairman 
DIN: 00012439 HATSUN AGRO PRODUCT LIMITED 
CIN: L15499TN1986PLC012747 
REGD.OFFICE: NO.41 (49), JANAKIRAM COLONY MAIN ROAD, 
JANAKIRAM COLONY, ARUMBAKKAM, CHENNAI 600 106. 
Phone: <PRESIDIO_ANONYMIZED_PHONE_NUMBER>; Fax: 044-47961124 
E-mail: <PRESIDIO_ANONYMIZED_EMAIL_ADDRESS>; Website: www.hap.in 
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2024 
Notes: 
1 [Based on the management approach 25 defined in IND AS 108 - Operating Segments, the Chief Operating Decision Maker (CODM) evaluates the Company's| 
performance and allocates resources based on an analysis of various performance indicators by operating segments. The Company operates in a single segment, 
viz., Milk and Milk products. 
2 [The above unaudited financial results prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34| 
“Interim Financial Reporting” (“Ind AS 34“) prescribed under Section 133 எ the Companies Act, 2013, have been reviewed by the Audit Committee and approved! 
by the Board of Directors at its meeting held on November 4, 2024. The statutory auditors have expressed an unmodified review conclusion on the financial 
results for the quarter and half year ended September 30, 2024. 
3 |The statement of assets and liabilities as at September 30, 2024 and cash flow statement for the half year ended September 30, 2024 are provided as an, 
annexure to this statement. 
4 |During the half year ended September 30, 2024, pursuant to the approval of the Board of Directors, the Company has declared and paid an interim dividend எரி 
Rs.6 per equity share of Re.1 each amounting to Rs.133.65 crores. 
5_[The Company does not have any Subsidiary /Associate/Joint venture companies as on September 30, 2024. 
Place : Chennai For and on behalf of the Board of Directors 
Date : November 4, 2024 of Hatsun Agro Product Limited 
C. sathyan 
Vice Chairman 
DIN: 00012439 ~N HATSUN AGRO PRODUCT LIMITED 
CIN: L15499TN1986PLC012747 
REGD.OFFICE: NO.41 (49), JANAKIRAM COLONY MAIN ROAD, 
JANAKIRAM COLONY, ARUMBAKKAM, CHENNAI 600 106. 
Phone : <PRESIDIO_ANONYMIZED_PHONE_NUMBER>; Fax: 044-47961124 
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2024. 
STATEMENT OF ASSETS AND LIABILITIES - (Refer Note 3) 
(Rin Crores) 
e As at September 30, 2024 As at March 31, 2024 
Unaudited Audited 
[Assets 
1.Non-Current Assets 
(a) Property, plant and equipment 2,460.66 2,351.72 
(b) Right of use assets 417.47 403.03 
(¢) Capital work in progress 16078 238.40 
(d) Goodwill 7.74 7.74 
(6) Other Intangible assets 329 423 
(f) Financial assets 
(i) Investments 3265 30.44 
(0) Other financial assets 70.09. 64.18 
(g) Other non-current assets 6276 38.64 
(h) Non-current tax assets = 5.72 
(i) Deferred tax assets (net) 839 s 
Total Non-Current Assets 3,223.83 3,144.10 
2.Current Assets 
(a) Inventories 1,14571 1,452.32 
(b) Financial assets 
(i) Trade receivables 8.23 10.06 
(0) Cash & cash equivalents 36.92 50.73. 
(il Other Bank balances 262 259 
(iv) Other financial assets 13.14 17.07 
(c) Other current assets 2298 57.73 
Total current Assets 1,229.60 1,590.50 
Total Assets 4,453.43 4,734.60 
Equity and Liabilities 
Equity 
(a) Equity share capital 2228 2228 
(b) Other equity 161113 1,549.97 
Total Equity 1,633.41 1,572.25 
1.Non-Current Liabilities 
(a) Financial liabilities 
(i) Borrowings 83620 95554 
(ii Lease Liabilities 33889 32726 
(b) Provisions 2591 19.89 
(c) Deferred tax liabilities (ஈஸி) - 169 
(d) Other non-current liabilities 14.87 17.38 
Total Non-Current Liab 1,215.87 1,321.76 
2.current Liabi 
(a) Financial liabilities 
(i) Borrowings 1,054.20 131601 
(ii) Lease Liabilities 104.71 99.49 
(i) Trade payables 
« Total outstanding dues of micro enterprises 203 313 
and small enterprises. 
*+ Total outstanding dues of creditors other than ந ன 
micro enterprises and small enterprises 
(iv) Other Financial liabilities 176.50 190.65 
(b) Other current liabilities 38.15 31.47. 
() Provisions 11.98 14.64 
(d) Current tax liabilities 19.26 - 
Total Current Liabilities 1,604.15 1,840.59 
Total Equity and Liabilities 4,453.43 4,734.60 
PR 
க 9 
ன ட 
< g டட 600119 7 
ண்‌ * HATSUN AGRO PRODUCT LIMITED 
CIN: L15499TN1986PLC012747 
REGD.OFFICE: NO.41 (49), JANAKIRAM COLONY MAIN ROAD, 
JANAKIRAM COLONY, ARUMBAKKAM, CHENNAI 600 106. 
Phone : <PRESIDIO_ANONYMIZED_PHONE_NUMBER>; Fax: 044-47961124 
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND HALF YEAR ENDED SEPTEMBER 30, 2024. 
CASH FLOW STATEMENT (Refer Note 3) 
(Xin Crores)| 
Particulars For the half year 
ended September 
30,2024 
(Unaudited) For the half year 
ended September 
30,2023 
(Unaudited) 
[Cash flow from operating acti 
[Net profit after taxation 194.86 157.73 
[Adjustments for 
Income tax expense 68.22 52.௭. 
Depreciation and amortisation expense 226.60 196.98 
Profit on sale of Property, Plant & Equipment (net) (291) (1235) 
Deferred income recognised (0.34) (0.33) 
பாக (133) (178) 
Gain on redemption of Mutual fund investments (2.60) (143) 
Finance cost 90.56 6572 
Operating profit before working capital changes 573.06 257.32 
(Increase)/Decrease in Inventories 30661 (258.85)| 
(Increase)/Decrease in Trade receivables 183 3.30 
(Increase)/Decrease in Other financial assets (1.98) (2.30) 
(increase)/Decrease 10 Other current assets & Non current assets 3115 4.66 
Increase/(Decrease) in Other financial liabilities 7.14 617 
Increase/(Decrease) in Trade payables & current and non-current liabilities 15.53 833 
Increase/(Decrease) in Provisions 3.29 2.69 
Cash generated from operations 936.63 22132 
Income taxes paid (net of refunds) (53.30) (51.49) 
Net cash from operating act 883.33 169.86 
Cash flow from investing act 
Purchase of Property, Plant & Equipment (including capital work in progress & intangible assets) (261.74)| (201.30) 
Increase in other bank balances (0.09) (1.52) 
Purchase of investment (116) (2.41) 
Proceeds from sale of mutual fund investments (net) 155 146 
Proceeds from sale of Property, Plant & Equipment 535 14371 
Interest received 133 178 
Net cash used in investing activities (25.16) (58.28)| 
Cash flow from financing activities 
Term loans availed during the period 19090 175.95 
Term loans repaid during the period (312.01)| (132.03) 
Short term loans availed (repaid) during the period (net) N (260.04)| 90.85 
Dividends paid (133.65)| (133.65) 
Repayment of Lease liabilities (52.80) (47.6) 
Interest and finance charges paid (75.38) (64.42) 
புலனை used in financing activities (642.98) (110.95) 
Net increase/ (decrease) in cash and cash equivalents (13.81) 063 
ளி and cash equivalents at the beginning of the period 5073 3741 
ளி and cash equivalents at the end of the period 36.92 37.74 
[Components of Cash and Cash Equivalents 
cash on hand 0.02. 003 
Balances with Banks 3690 3771 
[Total Cash and Cash Equivalents 36.92 37.74 - hs d Ac 
Deloitte அவ்வ கலையாக 52, Venkatnarayana Road 
HaSkinS & se S பப கண்ணா Tamil Nadu, India 
Tel: <PRESIDIO_ANONYMIZED_PHONE_NUMBER> 
INDEPENDENT AUDITOR’S REVIEW REPORT ON REVIEW OF INTERIM FINANCIAL RESULTS 
TO THE BOARD OF DIRECTORS OF 
HATSUN AGRO PRODUCT LIMITED 
1. We have reviewed the accompanying Statement of Unaudited Financial Results of Hatsun Agro 
Product Limited (“the Company”), for the quarter and half year ended September 30, 2024 (“the 
Statement”), being submitted by the Company pursuant to the requirement of Regulation 33 of the 
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“the Listing 
Regulations”). 
2. This Statement, which is the responsibility of the Company’s Management and approved by the 
Company’s Board of Directors, has been prepared in accordance with the recognition and 
measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial 
Reporting” (“Ind AS 34”), prescribed under Section 133 of the Companies Act, 2013 read with 
relevant rules issued thereunder and other accounting principles generally accepted in India and in 
compliance with Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion 
on the Statement based on our review. 
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements 
(SRE) 2410 'Review of Interim Financial Information Performed by the Independent Auditor of the 
Entity’, issued by the Institute of Chartered Accountants of India (ICAI). A review of interim financial 
information consists of making inquiries, primarily of the Company’s personnel responsible for 
financial and accounting matters, and applying analytical and other review procedures. A review is 
substantially less in scope than an audit conducted in accordance with Standards on Auditing 
specified under section 143(10) of the Companies Act, 2013 and consequently does not enable us 
1௦ obtain assurance that we would become aware of all significant matters that might be identified 
in an audit. Accordingly, we do not express an audit opinion. 
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention 
that causes us to believe that the accompanying Statement, prepared in accordance with the 
recognition and measurement principles laid down in the aforesaid Indian Accounting Standard and 
other accounting principles generally accepted in India, has not disclosed the information required 
to be disclosed in terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure 
Requirements) Regulations, 2015, as amended, including the manner in which it is to be disclosed, 
or that it contains any material misstatement. 
For DELOITTE HASKINS & SELLS LLP 
Chartered Accountants 
(Firm’s Registration No. 117366W/W-100018) 
Krishna Prakash E 
Partner 
L (Membership No. 216015) 
UDIN: 24216015BKCQCT5839 
Place: Chennai 
Date: November 04, 2024 
Page 1 of 1 
Regd. Office: One International Center, Tower 3, 32nd floor, Senapati Bapat Marg, Elphinstone Road (West), Mumbai-400 013, Maharashtra, India. 
Deloitte Haskins & Sells LLP is registered with Limited Liability having LLP identification No: AAB-8737
    
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