Heritage Foods Q1 FY26 PAT slips 38% to ₹25 crore as milk costs bite despite 18% revenue growth

Net profit fell to ₹25 crore from ₹40.50 crore on higher milk procurement costs (₹46.61/litre), even as revenue rose 18% to ₹1,338.10 crore. Value-added products now 44% of revenue, ice-cream up 65% to ₹55 crore. Raised stakes in Novandie (100%) and Peanutbutter and Jelly (71%).

— Filed Thu, 16 Jul, 2026, 20:37 IST · Source The Hindu BusinessLine · Updated

Heritage Foods Q1 FY26 net profit fell to ₹25 crore from ₹40.50 crore on higher milk procurement costs, despite 18% revenue growth. Value-added products hit 44% of revenue; ice-cream grew 65%. Raised stakes in Novandie (100%) and Peanutbutter and Jelly (71%).