The revenue zoomed 8.45% to Rs. 6616.01 millions for the quarter ended December 2019 as compared to Rs. 6100.42 millions during the corresponding quarter last year.A slender decline of -25.58% was recorded to Rs. 145.70  millions from Rs. 195.78 millions in the corresponding previous quarter.Operating profit for the quarter ended December 2019 decreased to 363.26 millions as compared to 460.13 millions of corresponding quarter ended December 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 6616.01 6100.42 8.45 21780.90 20033.35 8.72 26134.48 20295.51 28.77 Other Income 552.81 549.66 0.57 971.64 870.96 11.56 110.96 7170.00 -98.45 PBIDT 363.26 460.13 -21.05 1143.48 1412.06 -19.02 1930.84 1425.13 35.49 Interest 49.42 47.98 3.00 148.32 147.12 0.82 206.86 174.55 18.51 PBDT 313.84 412.15 -23.85 995.16 1264.94 -21.33 1723.98 1250.58 37.85 Depreciation 122.98 111.65 10.15 367.98 326.25 12.79 437.10 369.85 18.18 PBT 190.86 300.50 -36.49 627.18 938.69 -33.19 1286.88 880.73 46.12 TAX 45.16 104.72 -56.88 123.93 344.13 -63.99 452.46 276.91 63.40 Deferred Tax -2.24 3.82 -158.64 -30.88 26.84 -215.05 29.66 -6.03 -591.87 PAT 145.70 195.78 -25.58 503.25 594.56 -15.36 834.42 603.82 38.19 Equity 231.99 231.99 0.00 231.99 231.99 0.00 231.99 231.99 0.00 PBIDTM(%) 5.49 7.54 -27.21 5.25 7.05 -25.52 7.39 7.02 5.22

Heritage Foods is currently trading at Rs. 310.20, up by 3.25 points or 1.06% from its previous closing of Rs. 306.95 on the BSE.The scrip opened at Rs. 308.40 and has touched a high and low of Rs. 312.40 and Rs. 308.35 respectively. The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 579.45 on 01-Nov-2018 and a 52 week low of Rs. 305.00 on 25-Oct-2019.Last one week high and low of the scrip stood at Rs. 321.05 and Rs. 305.00 respectively. The current market cap of the company is Rs. 1440.19 crore.The promoters holding in the company stood at 39.90%, while Institutions and Non-Institutions held 18.97% and 41.13% respectively.Heritage Foods has reportedly rolled out a recipe campaign ‘Heritage Bytes’ with Chef Bhakti Arora to make consumers bask in festive celebrations, daily snacking and regular parties with the recipes curated with milk, curd, paneer and Ghee. This campaign is LIVE and active on all social media platforms such as Youtube, Facebook, Instagram, Twitter and LinkedIn.Heritage Foods (India) operates three divisions namely Dairy, Retail and Agri. Presently, Heritage’s milk products have market presence in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Maharastra and has retail stores across Bangalore, Chennai and Hyderabad.

The revenue for the June 2019 quarter is pegged at Rs. 7108.32 millions, about 11.95% up against Rs. 6349.34 millions recorded during the year-ago period.Net profit stood at Rs. 217.13  millions  compared to Rs. 199.14 millions in the corresponding previous quarter,high by 9.03%.The company reported a good operating profit of 504.83 millions compared to 462.73 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 7108.32 6349.34 11.95 7108.32 6349.34 11.95 26134.48 20295.51 28.77 Other Income 388.15 304.19 27.60 388.15 304.19 27.60 110.96 7170.00 -98.45 PBIDT 504.83 462.73 9.10 504.83 462.73 9.10 1930.84 1425.13 35.49 Interest 51.34 54.48 -5.76 51.34 54.48 -5.76 206.86 174.55 18.51 PBDT 453.49 408.25 11.08 453.49 408.25 11.08 1723.98 1250.58 37.85 Depreciation 120.76 104.81 15.22 120.76 104.81 15.22 437.10 369.85 18.18 PBT 332.73 303.44 9.65 332.73 303.44 9.65 1286.88 880.73 46.12 TAX 115.60 104.30 10.83 115.60 104.30 10.83 452.46 276.91 63.40 Deferred Tax 1.40 16.40 -91.46 1.40 16.40 -91.46 29.66 -6.03 -591.87 PAT 217.13 199.14 9.03 217.13 199.14 9.03 834.42 603.82 38.19 Equity 231.99 231.99 0.00 231.99 231.99 0.00 231.99 231.99 0.00 PBIDTM(%) 7.10 7.29 -2.55 7.10 7.29 -2.55 7.39 7.02 5.22

Heritage Foods is currently trading at Rs 412.00, up by 4.50 points or 1.46% from its previous closing of Rs. 404.50 on the BSE.The scrip opened at Rs. 403.05 and has touched a high and low of Rs. 412.75 and Rs. 403.05 respectively. So far 1338 shares were traded on the counter.The BSE group `A` stock of face value Rs. 5 has touched a 52 week high of Rs. 667.00 on 22-Jun-2018 and a 52 week low of Rs. 388.00 on 03-Jun-2019.Last one week high and low of the scrip stood at Rs. 416.00 and Rs. 396.85 respectively. The current market cap of the company is Rs. 1897.91 crore.The promoters holding in the company stood at 39.90%, while Institutions and Non-Institutions held 17.57% and 42.53% respectively.Heritage Foods has set a revenue target of Rs 6,000-crore by year 2024 as against year 2022 envisaged earlier. For the financial year 2019 on a consolidated basis, the net turnover of the company grew by 6 percent to Rs 2,515 crore compared to last year.Heritage Foods (India) operates three divisions namely Dairy, Retail and Agri. Presently, Heritage’s milk products have market presence in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Maharastra and has retail stores across Bangalore, Chennai and Hyderabad.

The company witnessed a 14.76% growth in the revenue at Rs. 6934.41 millions for the quarter ended March 2019 as compared to Rs. 6042.78 millions during the year-ago period.The Company has registered profit of Rs. 239.86  millions for the quarter ended March 2019, a growth of 16.94%  over Rs. 205.12 millions millions achieved in the corresponding quarter of last year.Operating Profit saw a handsome growth to 518.80 millions from 472.65 millions in the quarter ended March 2019. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 6934.41 6042.78 14.76 26134.48 20295.51 28.77 26134.48 20295.51 28.77 Other Income 56.89 31.09 82.98 110.96 7170.00 -98.45 110.96 7170.00 -98.45 PBIDT 518.80 472.65 9.76 1930.84 1425.13 35.49 1930.84 1425.13 35.49 Interest 59.75 53.66 11.35 206.86 174.55 18.51 206.86 174.55 18.51 PBDT 459.05 418.99 9.56 1723.98 1250.58 37.85 1723.98 1250.58 37.85 Depreciation 110.86 100.93 9.84 437.10 369.85 18.18 437.10 369.85 18.18 PBT 348.19 318.06 9.47 1286.88 880.73 46.12 1286.88 880.73 46.12 TAX 108.33 112.94 -4.08 452.46 276.91 63.40 452.46 276.91 63.40 Deferred Tax 2.83 21.04 -86.55 29.66 -6.03 -591.87 29.66 -6.03 -591.87 PAT 239.86 205.12 16.94 834.42 603.82 38.19 834.42 603.82 38.19 Equity 231.99 231.99 0.00 231.99 231.99 0.00 231.99 231.99 0.00 PBIDTM(%) 7.48 7.82 -4.35 7.39 7.02 5.22 7.39 7.02 5.22

The company witnessed a 6.74% growth in the revenue at Rs. 6100.42 millions for the quarter ended December 2018 as compared to Rs. 5715.23 millions during the year-ago period.The company has announced a 30.38% increase in its profits to Rs . 195.78  millions for the  quarter ended December 2018 compared to Rs. 150.16 millions in the corresponding quarter in the previous year.OP of the company witnessed a marginal growth to 460.13 millions from 375.96 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 6100.42 5715.23 6.74 18571.29 17889.02 3.81 23440.11 18714.35 25.25 Other Income 549.66 39.89 1277.94 2333.02 3560.07 -34.47 4025.41 2504.17 60.75 PBIDT 460.13 375.96 22.39 1412.05 952.46 48.25 1425.13 3578.17 -60.17 Interest 47.98 45.03 6.55 147.12 120.89 21.70 174.55 96.32 81.22 PBDT 412.15 330.94 24.54 1264.95 831.60 52.11 1250.58 3481.85 -64.08 Depreciation 111.65 93.41 19.53 326.25 268.92 21.32 369.85 248.71 48.71 PBT 300.50 237.53 26.51 938.70 562.68 66.83 880.73 3233.14 -72.76 TAX 104.72 87.37 19.86 344.14 163.98 109.87 276.91 307.13 -9.84 Deferred Tax 3.82 15.83 -75.87 26.84 -45.26 -159.30 -6.02 47.12 -112.78 PAT 195.78 150.16 30.38 594.56 398.69 49.13 603.82 2926.01 -79.36 Equity 231.99 231.99 0.00 231.99 231.99 0.00 231.99 231.99 0.00 PBIDTM(%) 7.54 6.58 14.66 7.60 5.32 42.81 6.08 19.12 -68.20

The quarter ended June 2018 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 6349.34 millions.Net profit stood at Rs. 199.14  millions  compared to Rs. 159.77 millions in the corresponding previous quarter,high by 24.64%.Operating profit for the quarter ended June 2018 rose to 462.73 millions as compared to 337.09 millions of corresponding quarter ended June 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 6349.34 6093.72 4.19 6349.34 6093.72 4.19 23440.11 18714.35 25.25 Other Income 304.19 1401.13 -78.29 304.19 1401.13 -78.29 4025.41 2504.17 60.75 PBIDT 462.73 337.09 37.27 462.73 337.09 37.27 1425.13 3578.17 -60.17 Interest 54.48 38.04 43.22 54.48 38.04 43.22 174.55 96.32 81.22 PBDT 408.25 299.05 36.52 408.25 299.05 36.52 1250.58 3481.85 -64.08 Depreciation 104.81 85.18 23.05 104.81 85.18 23.05 369.85 248.71 48.71 PBT 303.44 213.87 41.88 303.44 213.87 41.88 880.73 3233.14 -72.76 TAX 104.30 54.10 92.79 104.30 54.10 92.79 276.91 307.13 -9.84 Deferred Tax 16.40 6.10 168.85 16.40 6.10 168.85 -6.02 47.12 -112.78 PAT 199.14 159.77 24.64 199.14 159.77 24.64 603.82 2926.01 -79.36 Equity 231.99 231.99 0.00 231.99 231.99 0.00 231.99 231.99 0.00 PBIDTM(%) 7.29 5.53 31.74 7.29 5.53 31.74 6.08 19.12 -68.20

Food processing stocks surged after Finance Minister Arun Jaitley announced allocation to food processing will be doubled from Rs 715 crore last year to Rs 1400 crore in 2018-19.Heritage Foods is currently trading at Rs. 770.00, up by 11.45 points or 1.51% from its previous closing of Rs. 758.55 on the BSE. The scrip opened at Rs. 745.25 and has touched a high and low of Rs. 782.45 and Rs. 745.20 respectively. So far 1226 shares were traded on the counter.Future Consumer is currently trading at Rs. 64.25, up by 1.15 points or 1.82% from its previous closing of Rs. 63.10 on the BSE. The scrip opened at Rs. 64.00 and has touched a high and low of Rs. 65.20 and Rs. 63.80 respectively. So far 355217 shares were traded on the counter.

Heritage Foods is currently trading at Rs. 775.00, up by 2.10 points or 0.27% from its previous closing of Rs. 772.90 on the BSE.The scrip opened at Rs. 774.70 and has touched a high and low of Rs. 782.05 and Rs. 773.00 respectively. So far 421 shares were traded on the counter.The BSE group `B` stock of face value Rs. 5 has touched a 52 week high of Rs. 830.00 on 10-Oct-2017 and a 52 week low of Rs. 412.53 on 26-Dec-2016.Last one week high and low of the scrip stood at Rs. 795.80 and Rs. 755.00 respectively. The current market cap of the company is Rs. 3616.72 crore.The promoters holding in the company stood at 39.90%, while institutions and non-institutions held 14.22% and 45.88% respectively.Heritage Foods has won 2nd prize for National Energy Conservation Award in Daily Sector for the year 2017 (NECA - 2017) instituted by the Ministry of Power, Government of India for the effective energy conservation methods adopted in its Gokul Dairy Plant, Tirupathi, Andhra Pradesh.Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.

Heritage Foods is currently trading at Rs. 700.90, up by 8.50 points or 1.23% from its previous closing of Rs. 692.40 on the BSE.The scrip opened at Rs. 681.00 and has touched a high and low of Rs. 727.00 and Rs. 652.00 respectively. So far 1,41,000 shares were traded on the counter.The BSE group `B` stock of face value Rs. 5 has touched a 52 week high of Rs. 830.00 on 10-Oct-2017 and a 52 week low of Rs. 387.50 on 15-Nov-2016.Last one week high and low of the scrip stood at Rs. 809.00 and Rs. 652.00 respectively. The current market cap of the company is Rs. 3,252.00 crore.The promoters holding in the company stood at 39.90%, while Institutions and Non-Institutions held 14.22% and 45.88% respectively.Heritage Foods has received an approval to acquire the entire (100%) Equity Share Capital of Vaman Milk Foods, having its registered office at Mohali, Punjab, India from its Shareholders. The Board of Directors of the Company at their meeting held on November 09, 2017 approved the same. Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.

Heritage Foods is currently trading at Rs. 1439.05, up by 9.65 points or 0.68% from its previous closing of Rs. 1429.40 on the BSE.The scrip opened at Rs. 1443.45 and has touched a high and low of Rs. 1459.70 and Rs. 1439.05 respectively. So far 253 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1566.35 on 31-Aug-2017 and a 52 week low of Rs. 730.40 on 09-Nov-2016.Last one week high and low of the scrip stood at Rs. 1524.20 and Rs. 1425.10 respectively. The current market cap of the company is Rs. 3338.45 crore.The promoters holding in the company stood at 39.90%, while Institutions and Non-Institutions held 13.44% and 46.66% respectively.Heritage Foods has received an approval for purchasing assets including land, building & machinery situated at Sampanbole Village, Jaggamguda Gram Panchayat, Shamirpet Mandal, Ranga Reddy District, Telangana of Shah Motilal Foods for expansion of the Dairy Division by setting of own plant. The board of directors of the company at their meeting held on September 27, 2017, has approved the same.Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.

Heritage Foods is currently trading at Rs. 1138.15, up by 4.65 points or 0.41% from its previous closing of Rs. 1133.50 on the BSE.The scrip opened at Rs. 1133.00 and has touched a high and low of Rs. 1140.00 and Rs. 1128.00 respectively. So far 841 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 1203.15 on 02-May-2017 and a 52 week low of Rs. 496.90 on 24-Jun-2016.Last one week high and low of the scrip stood at Rs. 1155.00 and Rs. 1105.05 respectively. The current market cap of the company is Rs. 2628.68 crore.The promoters holding in the company stood at 39.90%, while institutions and non-institutions held 12.98% and 47.12% respectively.Heritage Foods has reportedly forayed into Punjab after completing the acquisition of the diary business of Reliance Retail and its brands ‘Dairy Life’ and ‘Dairy Pure’. The acquisition has given Heritage Foods access to an additional 200,000 litres of milk every day, increasing its handling to 1.4 million litres across 15 states in the country. Reliance Retail’s dairy business had pan-India presence, with 60% centred around the states of Delhi, Punjab, Haryana, Rajasthan and Himachal Pradesh.Heritage Foods is one of the fastest growing Private Sector Enterprises in India, with five-business divisions - Daily, Retail, Agri, Bakery and Renewable Energy under its flagship Company Heritage Foods.