Heritage Foods Ltd
Heritage Foods Reports ₹33B+ Revenue with Strategic Acquisition 📊
• Acquired controlling interest in Heritage Novandie Foods Private Ltd (HNFPL) in June 2025 for ₹85 million
• Standalone revenue for nine months reached ₹33,007.61 million, up from ₹30,457.18 million in the same period last year
• Standalone profit after tax for nine months was ₹1,166.53 million, compared to ₹1,475.78 million in the prior year period
• Consolidated revenue for nine months was ₹33,684.30 million
• Consolidated profit after tax for nine months was ₹1,255.86 million
• Exceptional items include a GST refund of ₹61.54 million and reversal of ₹32.02 million in interest liabilities from a flavored milk classification dispute
• New Indian Labour Codes effective November 2025 led to a one-time employee benefit expense of ₹27.42 million (standalone) and ₹27.78 million (consolidated)