India's Heritage Foods slips after Q4 profit slump

Heritage Foods

12/05/2026 08:35

** Shares of India's Heritage Foods HEFI.NS down 8.23% to 347.15 rupees, headed for biggest intraday pct drop since January 29, if losses hold

** Dairy co posted ~37% Y/Y profit drop to 241.6 million rupees ($2.5 million) for Q4

** HEFI said higher raw milk costs and supply-side constraints during a weak flush season weighed on margins and procurement volumes during the quarter

** Revenue from ops grew 10% in Q4 to 11.58 billion rupees Y/Y

** YTD stock down ~18%

($1 = 95.6438 Indian rupees)

 (Reporting by Devika Nair in Bengaluru)

 ((Devika.MadhusudhananNair@thomsonreuters.com;))