Heritage Foods Limited Consolidated Financial Results for Q1FY21

29-07-2020 Wed 15:58 | National | Press Release

Revenue was at RS 638.91 crore
EBITDA increased by 18.1% to Rs 57.65 crore
Net Profit increased by 55.1% to Rs 29.23 crore

Hyderabad, July 29, 2020: Heritage Foods Ltd., one of the leading private dairy players in India, has declared its financial results for the quarter ended June 30, 2020

Q1FY21 Results - Consolidated

Revenue from operations was at Rs 638.91 crore as compared to Rs 721.25 crore in Q1FY20
EBIDTA was at Rs 57.65 crore as compared to Rs 48.80 crore in Q1FY20; registered a growth of 18.1%
Profit after tax (PAT) after adjustments was at Rs 29.23 crore as compared to Rs 18.84 crore in Q1FY20; increased by 55.1%

Commenting on the results, Mrs. Brahmani Nara, Executive Director, said, “We are happy to support our farmers by procuring milk from all farmers during this trying times.

We have ensured un-interrupted supplies to consumers in Rural and Urban areas, while maintaining all the safety procedures like social distancing from procurement to point of sales and sanitizing the premises & vehicles on a regular basis.”