Heritage Foods Limited

Heritage Foods demonstrated robust top-line growth in the second quarter of fiscal year 2027, with consolidated revenue increasing by 19% year-over-year to ₹13.2 billion, driven by a 32% expansion in its Value-Added Products segment. While milk procurement costs rose due to sustained demand and higher feed expenses, the company’s strategic focus on higher-margin VAP offerings, including strong volume growth in Lassi, Ice Cream, and Paneer, partially offset this pressure. However, profitability was impacted, with net profit declining 39% year-over-year for the first half of the fiscal year, highlighting margin management challenges amidst rising input costs, a factor investors should monitor as the company navigates evolving market dynamics.