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.
RG Chandramogan says globally, milk prices have started softening, but the company's main focus area is the branded business across milk and milk products. As much as 96 percent of the business is focused on branded segments, he adds.
The company‘s net profit in Q3FY14 doubled to Rs 31 crore versus Rs 15 crore, on a year-on-year basis.