a. Contingencies
 
                                       As at             As at
 Particulars                   March 31, 2011    March 31, 2010
 
 
 Claims made against the Company 
 not acknowledged as debts in
 respect of sales tax and income 
 tax matters 
 
 Income tax matters 
 (Refer note 1 and 2 below)          41,092           15,000
 
 Sales tax matters                      932              932
 
 b.  Capital commitments
 
 Particulars                           As at               As at
                              March 31, 2011      March 31, 2010
 
 Estimated amount of contracts 
 remaining to be executed on 
 capital account (net of capital 
 advances) and not provided for     64,782             1,07,055
 
 e.  Segment information
 
 The Company''s operations predominantly relate to manufacture and sale
 of milk and milk products, and ice creams and others. Accordingly,
 business segments comprise the primary basis of segmental information
 set out in these financial statements. Secondary segment reporting is
 made on the basis of the geographical location of customers.  Business
 (primary) segments of the Company are:
 
 a) Milk and milk products; and
 
 b) Others
 
 Others include rural retail operations. The Company has decided to stop
 its rural retail operations from March 28, 2011.  The closure of the
 rural retail operations does not have any significant impact on the
 operations of the Company.
 
 Secondary segment information
 
 Secondary segment reporting is performed on the basis of the
 geographical location of customers.
 
 f.  Related party disclosures
 
 Related parties of the Company
 
 Key Management Personnel: R.G. Chandramogan (Chairman and Managing
 Director),
 
 K.S. Thanarajan (Joint Managing Director) and C. Sathyan (Executive
 Director-Operations).
 
 Wholly Owned Subsidiary : Hatsun Ingredients FZE-UAE, (till November
 13, 2009)
 
 o. There are no overdue amounts payable to Micro, Small and Medium
 Enterprises as defined under the Micro, Small and Medium Enterprises
 Development Act, 2006 based on information available with the Company.
 Further, the Company has not paid any interest to any Micro, Small and
 Medium Enterprises during the current year.
 
 p.  Earnings per share
 
 Basic earnings per share are calculated by dividing the net profit or
 loss for the period attributable to equity shareholders (after
 deducting preference dividends and attributable taxes) by the weighted
 average number of equity shares outstanding during the period.
 
 For the purpose of calculating diluted earnings per share, the net
 profit or loss for the period attributable to equity shareholders and
 the weighted average number of shares outstanding during the period are
 adjusted for the effects of all dilutive potential equity shares.
 Potential equity shares with anti-dilutive effects are not considered
 for calculating diluted earnings per share.
 
 q.  Employee Benefits
 
 The Company has a defined benefit gratuity plan. Every employee who has
 completed five years or more of service gets a gratuity on departure at
 15 days salary (last drawn salary) for each completed year of service.
 The scheme is funded with LIC in the form of a qualifying insurance
 policy.
 
 The fund is 100% administered by Life Insurance Corporation of India
 (LIC). The overall expected rate of return on assets is determined
 based on the market prices prevailing on that date, applicable to the
 year over which the obligation is to be settled.
 
 The estimates of future salary increases, considered in actuarial
 valuation, take account of inflation, seniority, promotion and other
 relevant factors, such as supply and demand in the employment market.
 
 r.  Debentures
 
 During the previous year, the Company had allotted 6% Unsecured
 Compulsorily Convertible Debentures (UCCD) amounting to Rs 250,000.
 The UCCDs are convertible into equity shares at a price to be mutually
 agreed by the Board of Directors of the Company and the debenture
 holders subject to the SEBI guidelines. The UCCDs are convertible into
 the equity shares of Rs.2/- each of the Company after October 1, 2010,
 but before December 31, 2010 at the instance of the Company. During the
 current year, these UCCDs have been converted into 1,953,126 number of
 equity shares.
 
 s.  Previous year comparatives have been regrouped wherever necessary
 to conform to current year''s classification.