That was up from a turnover of $1.092 billion and an operating surplus of $8.4 million in the previous year.
This year's result consolidated the "stellar growth" achieved last year when the co-operative achieved turnover of $1 billion for the first time, chief executive Brent Esler said.
Directors also declared a record bonus rebate of $9.75 million to shareholders, the biggest bonus distribution CRT had made in its 49-year history.
The results demonstrated the consistency in CRT's business performance, with new revenue records being set in seven of the past eight years and operating surpluses reaching record levels in five of those years.
Few other businesses as long established as CRT had enjoyed more than 350% growth over that same period, Mr Esler said.
While the results were achieved in a strong market, a feature of this year's growth and surplus was that it was not driven by new acquisitions and investments, as in recent years.
Other than two new ventures - the integration of the Westland Milk Products farm supplies Hokitika business purchased in February last year, and the launch of Gulf lubricants to the New Zealand market in July last year - growth had come from within the co-operative's existing business units.
Areas such as real estate were recovering well after two very difficult years, and a "greatly improved" performance was achieved in retail farm supplies, seed and stock feeds.
The results were testimony to the strength of the co-operative model, the performance of staff and the viability of the CRT strategy, he said.
It also illustrated the resilience of the New Zealand agricultural market during a period of global economic turmoil.
For the first quarter of this year, revenue was ahead of last year but "certainly not spectacular". Current indications were that it would be "pretty hard" to repeat next year.
As for the future, Mr Esler said there was not much scope for extending the co-operative's range of services and it was about strengthening what it was already doing.
Chairman Don McFarlane said the immediate outlook for the rural sector was challenging, with softening commodity prices and uncertain international economic developments.
In the longer term, New Zealand had some natural competitive advantages in food production. However, that would increasingly require more stringent practices to mitigate any environmental impacts and CRT would "play its part" in that process, he said.
The issue of adequate permanent capital for co-operatives had become a discussion topic in recent times as commentators criticised the co-operative model as being unable to raise sufficient capital for growth.
There had also been comments around the lack of market accountability and governance.
Yet "the facts suggest otherwise".
"Some of our larger entities in New Zealand are co-operatives and their performance and growth suggest they have solid foundations.
"In most cases, there are alternatives in the marketplace and customers have voted with their feet by supporting the co-operative, unlike Australia, where, over the years, a number of co-operatives have been demutualised, leaving the Aussie farmer in a much weaker position than his New Zealand counterpart," he said.
The co-operative's annual meeting will be held in Rangiora on August 2.
