Heritage Foods consolidated net profit rises 41.49% in the March 2016 quarter

Image
Capital Market
Last Updated : May 23 2016 | 3:47 PM IST

Sales rise 15.68% to Rs 613.28 crore

Net profit of Heritage Foods rose 41.49% to Rs 18.04 crore in the quarter ended March 2016 as against Rs 12.75 crore during the previous quarter ended March 2015. Sales rose 15.68% to Rs 613.28 crore in the quarter ended March 2016 as against Rs 530.13 crore during the previous quarter ended March 2015.

For the full year,net profit rose 95.45% to Rs 55.43 crore in the year ended March 2016 as against Rs 28.36 crore during the previous year ended March 2015. Sales rose 14.53% to Rs 2328.95 crore in the year ended March 2016 as against Rs 2033.48 crore during the previous year ended March 2015.

ParticularsQuarter EndedYear EndedMar. 2016Mar. 2015% Var.Mar. 2016Mar. 2015% Var.Sales613.28530.13 16 2328.952033.48 15 OPM %6.115.30 -5.614.03 - PBDT36.3428.50 28 121.8673.28 66 PBT27.3719.68 39 87.3539.29 122 NP18.0412.75 41 55.4328.36 95

Powered by Capital Market - Live News

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 23 2016 | 3:18 PM IST

Next Story