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Heritage Foods Q2 FY27 revenue rises 19% to Rs 1,320 crore; value-added products up 32%, PAT down 39%
Our read
Heritage Foods will more likely than not keep growing revenue through H2 FY27, but profit recovery will lag until pricing and value-added mix offset milk costs.
For operators
Heritage Foods grew Q2 FY27 revenue 19% to Rs 1,319.6 crore, with value-added products up 32% to Rs 451 crore, so rival dairy operators now face a competitor growing its value-added lines faster than its total revenue.
Watch
Landed milk procurement cost versus ₹47.73 per litre in the next quarter
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How do Heritage Foods' results compare with its rivals?The report
Heritage Foods reported 19 per cent year-on-year growth in Q2 FY27 consolidated revenue to Rs 1,319.6 crore. PAT fell 39 per cent to Rs 30.9 crore on higher milk costs, while value-added products revenue grew 32 per cent to Rs 451 crore.
- Q2 FY27 consolidated revenue
- ₹1,319.6 crore
- up 19 per cent
- Q2 value-added products revenue
- ₹451 crore
- Q2 EBITDA
- ₹74 crore
- Q2 profit after tax
- ₹30.9 crore
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Reported figures
From the report. Source details below
| Q2 FY27 EBITDA margin: | 5.6 per cent |
|---|
Why it matters to operators
Heritage Foods' Q2 FY27 revenue rose 19% to Rs 1,319.6 crore but PAT fell 39% to Rs 30.9 crore on higher milk costs, so profit lagged sales even with EBITDA margin up sequentially to 5.6%.
What to watch next
- EBITDA margin above Q2's 5.6% in the Q3 FY27 results would mean price hikes and mix are outrunning milk costs, easing the PAT slide.
- Value-added products growth versus Q2's 32% and ₹451 crore
- PAT versus Q2's ₹30.9 crore in the Q3 FY27 results
- Retail milk and curd price revisions by rival dairies
The source
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