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Heritage Foods standalone net profit declines 90.80% in the March 2018 quarter

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Capital Market

Sales rise 13.69% to Rs 555.11 crore

Net profit of Heritage Foods declined 90.80% to Rs 20.51 crore in the quarter ended March 2018 as against Rs 222.96 crore during the previous quarter ended March 2017. Sales rose 13.69% to Rs 555.11 crore in the quarter ended March 2018 as against Rs 488.25 crore during the previous quarter ended March 2017.

For the full year,net profit declined 78.05% to Rs 60.38 crore in the year ended March 2018 as against Rs 275.03 crore during the previous year ended March 2017. Sales rose 25.29% to Rs 2343.68 crore in the year ended March 2018 as against Rs 1870.56 crore during the previous year ended March 2017.

 
ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales555.11488.25 14 2343.681870.56 25 OPM %-0.90-1.52 --11.094.80 - PBDT41.89237.36 -82 125.06330.61 -62 PBT31.80230.92 -86 88.07305.74 -71 NP20.51222.96 -91 60.38275.03 -78

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First Published: May 24 2018 | 6:07 PM IST

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