Heritage Foods (India) today reported a consolidated net loss of Rs 53.47 lakh for the quarter ended June 30.
The company had posted a net loss of Rs 1.47 crore in the corresponding quarter of last year, Heritage Foods (India) said in a filing to the Bombay Stock Exchange (BSE).
The consolidated net sales during the first quarter increased by 24.87% to Rs 317.19 crore from Rs 254.01 crore in the year-ago period, it added.
The company's board has recommended a dividend of 12%, which is Rs 1.20 per share of the face value of Rs 10 each, the filing said.
The shares of Heritage Foods (India) today closed 1.5% up at Rs 236.90 apiece on the BSE.
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