Categories AlphaGraphs, Earnings

Heritage Foods Ltd Q2FY24; 16% 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 Q2FY24 of ₹979.00 Crores up from ₹816.00 Crore year on year, a rise of 19.98%.
  • Total Expenses for Q2FY24 of ₹950.00 Crores up from ₹793.00 Crores year on year, a rise of 19.8%.
  • Consolidated Net Profit of ₹22.00 Crores up 15.79% from ₹19.00 Crores in the same quarter of the previous year.
  • The Earnings per Share is ₹2.41, up 17.56% from ₹2.05 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.

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