Bhagyanagar Metals, Heritage Foods Q1 results

CORPORATE SCORECARD

Bhagyanagar Metals net dips

Bhagyanagar Metals's net profit for the quarter ended June 30 was down at Rs 4.25 crore compared with Rs 6.58 crore for the corresponding quarter of the previous fiscal.

Total turnover too saw a steep decline at Rs 33.81 crore compared with Rs 65.18 crore for the corresponding previous quarter.

Heritage Foods net at Rs 3.55 cr

The Hyderabad-based Heritage Foods (India) has posted a net profit of Rs 3.55 crore for the first quarter ended June 30, compared with Rs 1.90 crore in the corresponding quarter of the previous fiscal.

The company's net sales/ income from operations increased marginally to Rs 69.80 crore for the quarter ended June 30, compared with Rs 60.38 crore.