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Hatsun Agro Product

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Hatsun Agro Product Ltd
Company typePublic company
BSE531531
NSEHATSUN
ISININE473B01035
Founded1970; 54 years ago (1970)
FounderGanesan , founder Father of R. G. Chandramogan
HeadquartersChennai, India
Area served
India
Key people
  • Sathyan (managing director)
  • P. Vaidyanathan (deputy-managing director)
ProductsDairy products
Brands
  • Arun Icecreams
  • Arokya Milk
  • Hatsun Daily
  • Ibaco
  • Oyalo
  • Santosa
RevenueIncrease5,400 crore (US$650 million) (2018)
Increase746.36 crore (US$89 million) (2018)
Increase382.63 crore (US$46 million) (2018)
Websitewww.hap.in

Hatsun, often called Hatsun Agro Products (HAP), is a dairy company in India based in Chennai.[1][2] It was founded by Ganesan father of 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]

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.