Heritage Foods Limited, a premier dairy company renowned for its high-quality milk and milk-based products, proudly announced the inauguration of its new Ultra High Temperature (UHT) Milk plant located in Sampanbole Village, Shamirpet Mandal, Medchal District, Telangana. This cutting-edge facility is set to revolutionize the dairy industry with its latest SIG packaging technologies, catering to […]
Heritage Foods Limited, a distinguished dairy company in India, has unveiled its impressive Q2-FY24 results, reporting a substantial 20% revenue growth, reaching INR 9,786 Mn, and an 18% profit growth YoY. Detailed Q2-FY24 Financial Insights Heritage Foods recorded an EBITDA of INR 471 Mn, marking a growth of 18.1% YoY. The EBITDA margin stood at […]
Future Group has agreed to acquire the retail business of Heritage Foods by issuing 3.65% stake or freshly issued shares worth Rs 295 Crores to the latter. Heritage Foods is owned by the Andhra Pradesh Chief Minister N Chandra Babu Naidu family. Its retail unit includes the Heritage Fresh chain of supermarkets. The Kishore Biyani led Future […]