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Heritage Foods Ltd Q1FY24; 143% rise in Profits

Heritage Foods is engaged in the business of procurement and processing of Milk & Milk products and also generation of power through solar & wind for the captive consumption of its dairy plants. The company has a reach to over 15 lakh households in India.

Financial Results:

  • Heritage Foods Ltd reported Revenues for Q1FY24 of ₹924.00 Crores up from ₹821.00 Crore year on year, a rise of 12.55%.
  • Total Expenses for Q1FY24 of ₹903.00 Crores up from ₹813.00 Crores year on year, a rise of 11.07%.
  • Consolidated Net Profit of ₹17.00 Crores up 142.86% from ₹7.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹1.80, up 130.77% from ₹0.78 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.
*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: milk
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