Quarterly Result16 May 2025, 06:10 pm
Heritage Foods Surpasses Milestones with Best-Ever Quarterly and Annual Revenue, Declares Robust FY25 Results: Revenue Up 9%, Profit Soars 77% YoY
AI Summary
Heritage Foods Limited, a leading dairy company, announced its results for the quarter ended March 31, 2025. The company reported a 10.3% YoY revenue growth, achieving its highest-ever quarterly and annual revenues, with INR 10,000+ million in quarterly revenue for the fourth straight quarter. Milk procurement rose sharply by 10.4% YoY, reaching 1.72 million litres per day (MLPD) in FY25. The VAP segment continued to gain traction, delivering a 19.3% YoY increase in revenue to INR 3,362 million. Heritage Nutrivet Limited, the wholly owned subsidiary, posted a 15.5% YoY increase in revenue, reaching INR 1,849 million. Net profit grew 77% year-on-year to INR 1883 million.
Key Highlights
- Heritage Foods Ltd expanded its market share and consumer base in the key Value-Added Product segments of Curd and Paneer, now ranked among Top 5 brands.
- Heritage Foods has acquired a majority stake in Heritage Novandie Foods Pvt. Ltd. (HNFPL) for INR 8.5 crore, enabling a strategic shift to a lean contract manufacturing model.
- Milk procurement rose sharply by 10.4% YoY, reaching 1.72 million litres per day (MLPD) in FY25.
- The VAP segment delivered a 19.3% YoY increase in revenue to INR 3,362 million.
- Heritage Nutrivet Limited posted a 15.5% YoY increase in revenue, reaching INR 1,849 million.