India's Heritage Foods gains on Q3 profit jump

Heritage Foods

22/01/2025 09:48

** Shares of Heritage Foods  HEFI.NS  reverse course post Q3
results to rise 3% to 455 rupees
    ** The dairy products maker says Q3 consolidated net profit
up 60% Y/Y to 430.5 mln rupees ($4.99 million)
    ** Revenue from operations up 10% Y/Y, aided by strong
demand for core diary segment
    ** More than 838,200 shares change hands, 3x its 30-day avg
    ** Stock gained 60% in 2024



($1 = 86.3370 Indian rupees)

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))