Did Heritage Foods Experience a Dip in Q4 Net Profit?

Synopsis
Key Takeaways
- Net profit fell by 11.36% to ₹38.16 crore.
- Revenue for Q4 increased to ₹1,048.4 crore.
- Total expenses rose by 0.92% to ₹990.59 crore.
- Executive Director highlights record revenue in FY25.
- Focus on value-added products and omnichannel growth.
Mumbai, May 16 (NationPress) Heritage Foods announced a drop of 11.36% in its net profit, reaching ₹38.16 crore for the fourth quarter (Q4) of FY25, a decline from ₹43.05 crore in the previous quarter (Q3 FY25).
The company's net profit also saw a 5.76% decrease year-on-year compared to the same quarter last fiscal, where it was ₹40.49 crore.
Despite this, revenue experienced a modest increase. For Q4, revenue was ₹1,048.4 crore, an increase of 1.40% from ₹1,033.9 crore in Q3.
Total income grew by 1.23% quarter-on-quarter (QoQ) to ₹1,054.99 crore, and saw a significant 10.46% rise year-on-year (YoY).
On the expense front, the total expenses recorded in Q4 were ₹990.59 crore, slightly higher than ₹981.6 crore in Q3, marking an increase of 0.92%.
When compared to the same quarter last year, expenses surged by 10.24%, as noted in the company's stock exchange filing.
Profit before tax (PBT) from operations was ₹54.17 crore in Q4, a 7.89% decline from ₹58.81 crore in Q3 and a slight 1.19% decrease from ₹54.82 crore in the same quarter last year.
Net profit specifically for the owners of the company was ₹38.16 crore in Q4, down 11.26% from ₹43 crore in the previous quarter.
Regarding the performance, Executive Director Brahmani Nara stated: "I’m thrilled to announce that we've achieved our highest-ever quarterly and annual revenue, surpassing ₹4,134.6 crore in FY25."
"Excluding our bulk B2B segment, revenue growth consistently exceeded 10% each quarter, showcasing the resilience of our core portfolio and market strategy despite industry challenges," Nara added.
She also mentioned that net profit for the full year rose by 77% YoY to ₹188.3 crore, aided by a 2.3% increase in the contribution of value-added products, currently at 32%, alongside favorable input costs.
"The company has continued to broaden its omnichannel presence, witnessing growth in both traditional trade and quick-commerce platforms," Nara concluded.