Heritage Foods standalone net profit declines 18.78% in the March 2017 quarter

Sales decline 44.16% to Rs 342.53 crore

Net profit of Heritage Foods declined 18.78% to Rs 14.66 crore in the quarter ended March 2017 as against Rs 18.05 crore during the previous quarter ended March 2016. Sales declined 44.16% to Rs 342.53 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 declined 3.90% to Rs 2238.10 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.Sales342.53613.37 -44 2238.102328.95 -4 OPM %8.516.16 -6.105.62 - PBDT27.0136.35 -26 129.93121.86 7 PBT22.5427.38 -18 97.4187.35 12 NP14.6618.05 -19 66.8255.43 21

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