Heritage Foods Q1 Results Live : profit rise by 249.89% YOY
Heritage Foods Q1 Results Live : Revenue increased by 11.8% YoY & profit increased by 249.89% YoY
Heritage Foods Q1 Results Live : Heritage Foods declared their Q1 results on 23 Jul, 2024. The topline increased by 11.8% & the profit increased by 249.89% YoY. As compared to the previous quarter the revenue grew by 8.64% and the profit increased by 44.61%.
The Selling, general & administrative expenses rose by 6.85% q-o-q & increased by 28.58% Y-o-Y.
The operating income was up by 41.42% q-o-q & increased by 200.8% Y-o-Y.
The EPS is ₹6.3 for Q1 which increased by 249.41% Y-o-Y.
Heritage Foods has delivered 6.2% return in the last 1 week, 84.37% return in last 6 months and 89.78% YTD return.
Currently the Heritage Foods has a market cap of ₹5341.34 Cr and 52wk high/low of ₹727.35 & ₹209.3 respectively.
As of 24 Jul, 2024 out of 3 analysts covering the company, 3 analysts have given Strong Buy rating.
The consensus recommendation as on 24 Jul, 2024 was to Strong Buy.
Heritage Foods Financials
| Period | Q1 | Q4 | Q-o-Q Growth | Q1 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 1032.67 | 950.57 | +8.64% | 923.68 | +11.8% |
| Selling/ General/ Admin Expenses Total | 75.29 | 70.46 | +6.85% | 58.55 | +28.58% |
| Depreciation/ Amortization | 16.63 | 15.67 | +6.12% | 14.6 | +13.91% |
| Total Operating Expense | 955.5 | 896 | +6.64% | 898.03 | +6.4% |
| Operating Income | 77.17 | 54.57 | +41.42% | 25.66 | +200.8% |
| Net Income Before Taxes | 77.78 | 54.83 | +41.85% | 23.53 | +230.54% |
| Net Income | 58.56 | 40.5 | +44.61% | 16.74 | +249.89% |
| Diluted Normalized EPS | 6.3 | 4.41 | +42.86% | 1.8 | +249.41% |
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