Business Standard

Heritage Foods Q1 profit at Rs 21 cr

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Press Trust of India New Delhi

Heritage Foods today reported 14.11 per cent jump in consolidated net profit at Rs 21.34 crore for the June quarter of 2018-19 financial year.

Its net profit stood at Rs 18.70 crore in the same quarter last year, the company said in a regulatory filing.

Net income increased to Rs 641.60 crore from Rs 616.77 crore in the year-ago period.

Expenses remained lower at Rs 640.49 crore as against Rs 732.96 crore earlier.

The Hyderabad-based company is into the business of dairy, renewable energy, feed and other segments.

The company's shares were trading up 3.52 per cent at Rs 630.30 a piece on BSE.

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First Published: Jul 27 2018 | 4:05 PM IST

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