Heritage Foods consolidated net profit declines 18.61% in the March 2017 quarter

Sales rise 10.43% to Rs 677.35 crore

Net profit of Heritage Foods declined 18.61% to Rs 14.69 crore in the quarter ended March 2017 as against Rs 18.05 crore during the previous quarter ended March 2016. Sales rose 10.43% to Rs 677.35 crore in the quarter ended March 2017 as against Rs 613.37 crore during the previous quarter ended March 2016.

For the full year,net profit rose 20.55% to Rs 66.82 crore in the year ended March 2017 as against Rs 55.43 crore during the previous year ended March 2016. Sales rose 10.48% to Rs 2572.92 crore in the year ended March 2017 as against Rs 2328.95 crore during the previous year ended March 2016.

ParticularsQuarter EndedYear EndedMar. 2017Mar. 2016% Var.Mar. 2017Mar. 2016% Var.Sales677.35613.37 10 2572.922328.95 10 OPM %5.006.16 -5.495.62 - PBDT33.1936.34 -9 136.08121.86 12 PBT23.4427.37 -14 98.2887.35 13 NP14.6918.05 -19 66.8255.43 21

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