Heritage Foods Bets on Premium Dairy Play
The second-largest FMCG firm on The Next 500 list focuses on value-added products such as curd, paneer, cheese and cold coffee to cash in on a growing industry. INDIA IS…
Heritage Foods Q3 results: Profit surges 96% on strong dairy demand
India’s Heritage Foods reported a 96% jump in third-quarter profit on Monday, helped by strong demand for its dairy products. The dairy producer’s consolidated profit rose to Rs 2.69 crore…
India’s Heritage Foods Q2 profit jumps on strong dairy demand
India’s Heritage Foods posted a more than 17% jump in its second-quarter profit on Wednesday on strong demand for its milk and dairy products.The dairy producer reported a consolidated net…
Rs 31.25 Lakhs subsidy for setting up a 25 Desi cows dairy farm
This is the first channel dedicated to dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will be aired on…
Naidu’s arrest drags Heritage Foods’ shares down by 11%
The arrest and the subsequent remand of Andhra Pradesh former Chief Minister and President of Telugu Desam Party (TDP) N Chandrababu Naidu seems to have dragged the shares of Heritage Foods, promoted by…
Pure Vegan diet led to death of Zhanna Samsonova
This is the first channel dedicated to dairy-related news from India and abroad. It will cover top seven dairy news from last seven days. The news will be aired on…
Heritage Foods: Margin trajectory likely to improve
The Q1FY24 results of Heritage Foods were in line with expectations. Highlights: The Q1FY24 results of Heritage Foods (HFL; CMP: Rs 247; Market capitalisation: Rs 2,293crore) were in line with…
Procurement prices likely to soften in the next 5-6 months: Kesavan
Heritage Foods Ltd has said it is confident of achieving the target of becoming a ₹6,000 crore revenue company in the next three years. “We set out a target to…
Dairy stocks sizzle as temperatures soar. Time to milk gains?
Concerns over milk shortages amid soaring temperatures, when peak summer demand has just started to kick in, have given a fillip to dairy stocks over the last one month. Shares…
Early signs of emerging stability in milk prices
Global SMP prices have corrected 35% YoY in Feb’23. Even after adjusting for benefits of INR depreciation, we believe the profitability in SMP exports is very weak. Lower SMP exports…