Heritage Foods revenue rises 10% but profits fall 31%

Heritage Foods Limited reported consolidated revenue growth of 10.08% to INR 11,368 million for Q1 FY25, up from INR 10,327 million in the previous year.

However, consolidated net profit fell 30.60% to INR 405.46 million from INR 584.28 million, while EBITDA declined 21.23% to INR 739 million.

On a standalone basis, revenue grew 9.74% to INR 11,189 million, but net profit dropped 34.91% to INR 378 million and EBITDA fell 25.19% to INR 675 million.