Heritage Foods

Heritage Foods has welcomed the government’s renewed focus on the dairy sector in the upcoming Union Budget, highlighting its potential to drive rural development and sectoral growth. Officials at the company noted that increased policy support, infrastructure incentives, and credit facilitation could strengthen milk procurement, processing, and distribution networks. The emphasis on dairy aligns with India’s broader goal of enhancing agri-business value chains and ensuring income stability for rural producers.

Heritage Foods posted a 20 percent year-on-year decline in net profit to Rs. 34 crore for the third quarter, reflecting rising input costs and margin compression despite steady revenue growth. The dairy and food products company faced higher procurement prices, logistics expenses and operational overheads that weighed on profitability during the reporting period. While demand remained resilient across core segments, cost pressures offset gains in sales volumes. Management indicated that pricing strategies and efficiency improvements are being evaluated to stabilize margins.