Heritage Foods net profit declines 53.49% in the March 2014 quarter

Sales rise 11.22% to Rs 430.64 crore

Net profit of Heritage Foods declined 53.49% to Rs 6.92 crore in the quarter ended March 2014 as against Rs 14.88 crore during the previous quarter ended March 2013. Sales rose 11.22% to Rs 430.64 crore in the quarter ended March 2014 as against Rs 387.20 crore during the previous quarter ended March 2013.

For the full year,net profit declined 9.31% to Rs 45.31 crore in the year ended March 2014 as against Rs 49.96 crore during the previous year ended March 2013. Sales rose 7.26% to Rs 1695.06 crore in the year ended March 2014 as against Rs 1580.30 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales430.64387.20 11 1695.061580.30 7 OPM %4.246.98 -5.606.40 - PBDT16.8925.81 -35 86.7188.59 -2 PBT10.4420.20 -48 61.7166.57 -7 NP6.9214.88 -53 45.3149.96 -9

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