Heritage Foods Q2 FY27 Revenue Up 19% YoY to ₹13,196 Mn

Heritage Foods Limited reported its un-audited financial results for the quarter and half-year ended September 30, 2026. The company achieved a robust 19% year-on-year revenue growth in Q2 FY27, reaching INR 13,196 million, and an 18% YoY growth for H1 FY27, totaling INR 26,577 million. This growth was driven by strong performance in value-added products (VAP), which contributed 35.4% to revenue in Q2 FY27 and 39.6% in H1 FY27. Despite milk cost inflation, which rose 11% YoY, the company managed to recover EBITDA margins by 98 bps QoQ to 5.6%. Milk procurement volumes saw a 7% YoY increase in Q2 FY27, and VAP revenue (excluding Ghee/Butter) grew by 32% YoY. The company's wholly-owned subsidiary, Heritage Nutrivet Limited, also reported significant revenue growth of 47% YoY in Q2 FY27.