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While improved margin profile would be moderated by increased competitive intensity, the recent decline in stock prices offer some opportunity to keep an eye on
Net Sales are expected to increase by 15 percent Y-o-Y (up 38.2 percent Q-o-Q) to Rs. 1,400.3 crore, according to KR Choksey.
Hatsun Agro posted a steady set of earnings in Q1 as gross margins improve to 28 percent from 27 percent. In an interview to CNBC-TV18, RG Chandramogan, CMD of Hatsun Agro Product spoke about the results and his outlook for the company.
Net Sales are expected to decrease by 4.5 percent Q-o-Q (up 15 percent Y-o-Y) to Rs 955.64 crore, according to KR Choksey.
In an interview to CNBC-TV18, RG Chandramogan, CMD of Hatsun Agro Product spoke about the results and his outlook for the company.
With corrected deflation and only slight inflation, the company is expected to do better in the first quarter of FY17, says RG Chandramogan, the CMD of Hatsun Agro Product.
The company‘s net profit in Q3FY14 doubled to Rs 31 crore versus Rs 15 crore, on a year-on-year basis.