Heritage Foods Q1 Revenue Hits Record Despite Profit Dip

Heritage Foods Ltd. reported a record consolidated revenue of ₹1,338.09 crore for the first quarter of FY2026–27 (Q1 FY27), registering a 17.71% year-on-year growth, despite margin pressures caused by elevated raw milk procurement costs and constrained milk supply.

Consolidated net profit declined 38.42% to ₹24.97 crore (₹252 million) from ₹40.55 crore a year earlier, while EBITDA fell 16.37% to ₹61.8 crore from ₹73.9 crore. Operating EBITDA margin contracted by 188 basis points to 4.62%, compared with 6.50% in the corresponding quarter last year.

Despite the profitability pressure, the company achieved a record 44% contribution from Value-Added Products (VAP) to total quarterly revenue, underscoring its continued focus on premiumisation and product mix optimisation. During the quarter, Heritage Foods also completed strategic acquisitions to strengthen its portfolio in premium healthy desserts and yogurts.

The results highlight the resilience of the company's top-line growth while reflecting the near-term impact of industry-wide raw milk cost inflation on operating performance. (Sahi)

Source: Dairynews7x7 18 July, 2026 Read full story here

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