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Heritage Foods reports Profit after tax of Rs 245.67 Mln, in the March 2021 quarter

19 May 2021 Evaluate
Net sales declined -5.81%  to  Rs. 6057.37 million from Rs. 6430.82 millions.The Total Profit for the quarter ended March 2021 of Rs. 245.67 millions grew from Rs.-2103.30 millions Operating profit Margin for the quarter ended March 2021 improved to 471.39% as compared to -1901.81% of corresponding quarter ended March 2020


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202103 202003 % Var 202103 202003 % Var 202003 201903 % Var
Sales 6057.37 6430.82 -5.81 24070.28 28211.72 -14.68 26811.06 24823.49 8.01
Other Income 34.67 1382.74 -97.49 752.76 2354.38 -68.03 3028.13 1421.95 112.96
PBIDT 471.39 -1901.81 -124.79 2580.87 -758.33 -440.34 -758.33 1930.83 -139.27
Interest 28.03 59.75 -53.09 178.49 208.07 -14.22 208.07 206.86 0.58
PBDT 443.36 -1961.56 -122.60 2402.38 -966.40 -348.59 -966.40 1723.97 -156.06
Depreciation 114.26 112.39 1.66 440.54 480.37 -8.29 480.36 437.10 9.90
PBT 329.10 -2073.95 -115.87 1961.84 -1446.77 -235.60 -1446.76 1286.87 -212.42
TAX 83.43 29.35 184.26 510.21 153.28 232.86 153.28 452.46 -66.12
Deferred Tax 14.63 -0.89 -1743.82 9.84 -31.77 -130.97 -31.77 29.66 -207.11
PAT 245.67 -2103.30 -111.68 1451.63 -1600.05 -190.72 -1600.04 834.41 -291.76
Equity 231.99 231.99 0.00 231.99 231.99 0.00 231.99 231.99 0.00
PBIDTM(%) 7.78 -29.57 -126.31 10.72 -2.69 -498.89 -2.83 7.78 -136.36
Peers
Company Name CMP
Nestle India 1368.60
Varun Beverages 410.65
Britannia Industries 4971.50
LT Foods 421.70
Hatsun Agro Product 1284.85
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