Heritage Foods Q4 profit plummets 36.7% despite revenue growth
Heritage Foods has reported a sharp drop in profits for the last quarter of FY26. The company’s consolidated net profit fell by 36.7% compared to the same period last year. Despite this, revenue from operations grew by 10.4% year-on-year. The company’s consolidated net profit for Q4 FY26 stood at Rs 24.16 crore, down from Rs 38.17 crore in Q4 FY25. EBITDA also declined by 34.6%, dropping to Rs 52.23 crore, while the EBITDA margin shrank to 4.5%.
Revenue from operations rose to Rs 1,157.56 crore, marking a 10.4% increase over the previous year. For the full fiscal year, Heritage Foods surpassed Rs 4,526 crore in annual revenue, a new milestone for the company.
Milk sales volumes saw a slight uptick of 1% year-on-year, reaching 11.73 lakh litres per day. However, milk procurement volumes fell by 7% to 16.38 lakh litres per day. The average selling price of milk increased by 4% to Rs 57.80 per litre, while the landed cost of milk rose by 8% to Rs 46.7 per litre.
On a positive note, revenue from value-added products surged by 18% year-on-year, reaching Rs 396 crore in Q4 FY26. The decline in net profit and EBITDA reflects rising costs and lower procurement volumes. However, the growth in revenue from operations and value-added products highlights areas of strength. The company’s performance will be closely watched as it navigates these mixed financial trends.
Read also:
- India's Agriculture Minister Reviews Sector Progress Amid Heavy Rains, Crop Areas Up
- Cyprus, Kuwait Strengthen Strategic Partnership with Upcoming Ministerial Meeting
- Inspired & Paddy Power Extend Virtual Sports Partnership for UK & Ireland Retail
- South West & South East England: Check & Object to Lorry Operator Licensing Now