Heritage Foods' Q3 FY 2025-26 Quarterly Results
- 29 Jan 2026
Result Summary
- Heritage Foods Ltd reported a 0.8% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 8.1%.
- Its expenses for the quarter were up by 2.0% QoQ and 10.1% YoY.
- The net profit decreased 32.2% QoQ and decreased 19.6% YoY.
- The earnings per share (EPS) of Heritage Foods Ltd stood at 3.73 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 1126.91 | 1117.68 | 1042.27 | 0.8% | 8.1% |
Total Expenses | 1080.53 | 1059.28 | 981.62 | 2.0% | 10.1% |
Profit Before Tax | 46.39 | 67.76 | 58.81 | -31.5% | -21.1% |
Tax | 11.79 | 16.76 | 15.76 | -29.7% | -25.2% |
Profit After Tax | 34.60 | 51.00 | 43.05 | -32.2% | -19.6% |
Earnings Per Share | 3.73 | 5.50 | 4.64 | -32.2% | -19.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Heritage Foods Ltd is a prominent player in the Indian dairy industry. Established in 1992, the company has focused on producing and marketing various dairy products, including milk, curd, paneer, and ice cream. Additionally, Heritage Foods has diversified its operations into renewable energy, with investments in solar and wind power. The company has been known for its commitment to quality and sustainability, emphasizing ethical sourcing and environmentally friendly practices. As of the information available until October 2023, there have not been any major developments beyond their ongoing expansion and investment strategies within their primary business sectors.
Revenue
During the third quarter of the fiscal year 2026 (Q3FY26), Heritage Foods Ltd reported a total income of ₹1126.91 crores. This represents a quarter-over-quarter (QoQ) increase of 0.8% from ₹1117.68 crores in Q2FY26. On a year-over-year (YoY) basis, there was a significant increase of 8.1% compared to ₹1042.27 crores in Q3FY25. The steady growth in revenue reflects the company’s efforts in maintaining and potentially expanding its market presence in the dairy sector.
Profitability
Heritage Foods Ltd experienced a decrease in profitability during Q3FY26. The profit before tax (PBT) for this quarter was ₹46.39 crores, marking a decline of 31.5% QoQ from ₹67.76 crores in Q2FY26, and a 21.1% decrease YoY compared to ₹58.81 crores in Q3FY25. The tax expense for Q3FY26 was ₹11.79 crores, which is lower by 29.7% QoQ and 25.2% YoY. Consequently, the profit after tax (PAT) stood at ₹34.60 crores, a decline of 32.2% from the previous quarter and a 19.6% drop from the same period last year. Earnings per share (EPS) mirrored these changes, also decreasing by 32.2% QoQ and 19.6% YoY to ₹3.73.
Operating Metrics
In terms of operating metrics, total expenses for Q3FY26 were recorded at ₹1080.53 crores, showing a QoQ increase of 2.0% from ₹1059.28 crores in Q2FY26 and a YoY rise of 10.1% from ₹981.62 crores in Q3FY25. The increase in expenses over the quarters and year reflects operational adjustments and possibly higher input costs or expanded operations. Despite the increase in total income, the proportionately higher rise in expenses has impacted the company’s profit margins, as observed in the decreased PBT and PAT.