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Heritage Foods - Quaterly Results

31 Jul 2023 Evaluate
The June 2023 quarter revenue stood at Rs. 9133.05 millions, up 12.10% as compared to Rs. 8147.26 millions during the corresponding quarter last year.Net profit surges 83.60% to Rs. 180.74  millions  from Rs. 98.44 millions in the quarter ended June 2023.Operating profit surged to 414.74 millions from the corresponding previous quarter of 267.67 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 9133.05 8147.26 12.10 9133.05 8147.26 12.10 32086.75 26429.21 21.41
Other Income 27.70 27.39 1.13 27.70 27.39 1.13 113.48 103.14 10.03
PBIDT 414.74 267.67 54.94 414.74 267.67 54.94 1463.56 1975.65 -25.92
Interest 27.78 5.17 437.33 27.78 5.17 437.33 31.68 32.01 -1.03
PBDT 386.96 262.50 47.41 386.96 262.50 47.41 1431.88 1852.24 -22.69
Depreciation 140.01 128.85 8.66 140.01 128.85 8.66 538.50 499.64 7.78
PBT 246.95 133.65 84.77 246.95 133.65 84.77 893.38 1352.60 -33.95
TAX 66.21 35.21 88.04 66.21 35.21 88.04 234.49 337.26 -30.47
Deferred Tax -2.09 2.61 -180.08 -2.09 2.61 -180.08 7.42 -5.75 -229.04
PAT 180.74 98.44 83.60 180.74 98.44 83.60 658.89 1015.34 -35.11
Equity 463.98 231.99 100.00 463.98 231.99 100.00 463.98 231.99 100.00
PBIDTM(%) 4.54 3.29 38.22 4.54 3.29 38.22 4.56 7.48 -38.98
Peers
Company Name CMP
Nestle India 1371.55
Varun Beverages 414.70
Britannia Industries 5004.90
LT Foods 429.50
Hatsun Agro Product 1319.00
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