India's Hatsun Agro Product expects revenue to rise as much as 50% over the next two financial years, supported by a wider milk procurement network and expansion beyond its southern Indian stronghold, Chairman RG Chandramogan told Reuters.
The maker of Arokya milk and Arun icecreams expects revenue to reach about 120 billion rupees ($1.25 billion) this financial year, up from 100 billion rupees last year, and rise to between 140 billion rupees and 150 billion rupees in the following year, Chandramogan said.