Heritage Foods Ltd Acquires majority Stake in Get‑A‑Way Ice cream
Heritage Foods Ltd has acquired a 51% stake in Peanutbutter & Jelly Pvt Ltd, the parent company of the health-focused dessert brand Get-A-Way, for approximately ₹9 crore. Under the agreement, the remaining 49% stake remains with the original promoters, who will continue operating the business. Heritage Foods also holds an option to acquire an additional…
Heritage Foods decline in Q2 profit on higher milk costs
Heritage Foods reported a 5% year-on-year rise in consolidated net profit to ₹50.99 crore for Q2 FY25, supported by steady revenue growth but constrained by higher input costs. Total income grew to ₹1,112.5 crore, up from ₹1,019.5 crore in the same quarter last year, while total expenses increased nearly 11% to ₹1,059.2 crore, narrowing operating…
Heritage Foods Surges 7.86% After Slashing Dairy Product Prices
Heritage Foods Ltd shares jumped 7.86% on Tuesday after the company announced significant price cuts across its dairy portfolio, passing on benefits from the recent GST rate revision. The company has reduced prices of UHT milk by ₹3 per litre, ghee and butter by ₹50 per litre/kg, cheese by ₹50 per kg, and paneer by…
Heritage foods to increase VADP share from 37% to 50%
As the world commemorated World Milk Day on June 1, the spotlight once again turned to the vital role of dairy in ensuring nutrition security, rural employment, and economic resilience—especially in a country like India, the world’s largest milk producer. Despite rapid urbanisation and evolving consumer preferences, over half of India’s dairy market remains unorganised,…
Revenue of Heritage Foods Soars by 9 percent to 4134 crore
The strong performance of Heritage Foods was attributed to increased market share in key segments such as curd and paneer, expanded distribution, and growth in its value-added products (VAP) portfolio. The VAP segment saw revenue jump 19% YoY to Rs 4,198 million and now contributes 40.6% of the company’s total revenue. Heritage Foods Limited, one…
Heritage Foods Sees 15% Profit Rise Amid Dairy Demand Surge
Heritage Foods Ltd., a prominent Indian dairy company, reported a 15% year-on-year increase in its fourth-quarter profit, reaching ₹628.8 million (approximately $7.35 million) for the quarter ending March 31, 2025. This growth is attributed to a 10% rise in operational revenue, totaling ₹10.48 billion, driven by robust demand for dairy products such as paneer and…
Heritage Foods Unveils 360° Campaign on Milk & Child Growth
Heritage Foods, a leading Indian dairy company, has introduced a comprehensive 360-degree brand campaign titled “The Power of Learning over Winning.” This initiative positions milk not merely as a nutritional staple but as a vital contributor to a child’s cognitive and emotional growth. Executive Director Brahmani Nara emphasized the company’s commitment to supporting mothers by…
Milking success: How India’s dairy sector is adapting to change
In this episode of the State of the Economy podcast, businessline’s Subramani Ra Mancombu talks to Srideep N Kesavan, CEO of Heritage Foods Ltd. talk about the dairy sector in India, a key industry that is vital to the rural economy but faces several challenges. India is the world’s largest milk producer, generating nearly 240 million…
Cheese And Paneer Products Will Boost Future Prospects
Key Takeaways Increased focus on value-added products and strategic market positioning is expected to drive revenue and earnings growth. Strong distribution network and stable milk prices are anticipated to boost revenue and positively impact net margins. Rising costs and price pressures could squeeze Heritage Foods’ margins and profitability, with risks in new market expansion and…
Heritage Foods Q3 Results-Net profit jumps 60%
Hyderabad-based dairy products maker Heritage Foods Ltd (HFL) on Wednesday (January 22) reported a 59.9% year-on-year (YoY) jump in net profit at ₹43 crore for the third quarter that ended December 31, 2024. In the corresponding quarter of the previous fiscal, Heritage Foods posted a net profit of ₹27 crore, the company said in a…