India's Heritage Foods falls to 9-month low on quarterly profit fall

Heritage Foods

29/01/2026 04:56

** Heritage Foods shares HEFI.NS fall as much as 9.7% to nine-month low of 358.2 rupees

** Set for biggest daily pct drop since September 2025

** Co's Q3 consolidated net profit down 20% as higher milk procurement prices hurt; revenue up 8%

** Milk procurement costs, the price at which companies source raw milk from farmers, rose 9% from a year ago, the company said

** More than 761,740 shares traded so far vs 30-day average of 180,291 shares

** Stock fell 5% in 2025

(Reporting by Mridula Kumar in Bengaluru)

((Mridula.Kumar@thomsonreuters.com;))