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Economy News, Latest Economic News Today | The HinduBusinessLine

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Heritage Foods Q4 PAT falls by 37%
2026-05-11 · via Economy News, Latest Economic News Today | The HinduBusinessLine
Procurement volumes fell 7%  year-on-year to 16.38 lakh litres a day in the quarter

Procurement volumes fell 7% year-on-year to 16.38 lakh litres a day in the quarter | Photo Credit: wutwhanfoto

Heritage Foods has posted a net profit of ₹24 crore in the fourth quarter ended March 31, 2026, as against ₹38.2 crore in the same quarter previous year, showing a decline of 37 per cent. The revenue for the quarter stood at ₹1,157.60 crore, showing a growth of 10.4 per cent over ₹1,048.5 crore in the same quarter last year.

For the financial year 2024-25, the company posted a net profit of ₹150.1 crore as against ₹188.3 crore, reflecting a 22 per cent decline. During the period, it registered a revenue of ₹4,526 crore ( ₹4,134.6 crore), showing a growth of 9.5 per cent.

Procurement volumes fell 7 per cent year-on-year to 16.38 lakh litres a day in the quarter, while average procurement prices increased sharply by 8 per cent year-on-year to ₹46.67/lite amid industry-wide milk inflation.

The board of directors of the company recommended a final dividend of ₹2.50 a share on shares with a face value of ₹5 for 2025-26.

“The financial year 2025-26 witnessed one of the toughest operating environments for the dairy industry in recent years, marked by severe milk shortages, elevated procurement inflation and weak flush season,” Brahmani Nara, Executive Director, Heritage Foods Ltd, said.

“With continued investments in premiumisation, new capacities and value-added products, we remain well positioned to drive sustainable long-term growth as industry conditions gradually normalise,” she added.

The company said timely and calibrated pricing actions along with higher VAP contribution supported blended realisation growth, with milk realisation increasing 4 per cent year-on-year the fourth quarter. 

The wholly-owned subsidiary, Heritage Nutrivet Ltd, recorded a 33 per cent y-o-y increase in revenue to ₹245.4 crore in the financial year.

Published on May 11, 2026