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Heritage Foods Q2 revenue rises 16.8% to ₹12,733.76 million, but profit falls about 37%
Our read
Heritage Foods will more likely than not keep growing revenue at double-digit rates while profit recovers only gradually from the Q2 dip.
For operators
Heritage Foods grew Q2 standalone revenue 16.8% to ₹12,733.76 million while profit fell to ₹305.15 million from ₹484.04 million, so dairy and food operators should expect costs to be absorbing the extra sales and should check their own margins.
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Revenue growth versus the 16.8% reported for Q2
The report,
Heritage Foods reported standalone Q2 revenue from operations of ₹12,733.76 million for the quarter ended 30 September 2026, with profit of ₹305.15 million versus ₹484.04 million a year earlier. The board approved the results on 15 October 2026.
| Metric | Q2 year earlier | Q2 this year |
|---|---|---|
| Revenue from operations | ₹10,904.14 million | ₹12,733.76 million |
| Profit for the period | ₹484.04 million | ₹305.15 million |
Reported figures
From the report. Source details below
| Q2 standalone profit before tax: | ₹414.53 million |
|---|---|
| Q2 basic and diluted EPS: | ₹3.29 |
Why it matters to operators
Heritage Foods' Q2 revenue rose 16.8% to ₹12,733.76 million but profit fell about 37% to ₹305.15 million (EPS ₹3.29), so the growth is not reaching earnings and the stock needs a margin explanation before it is valued on sales.
What to watch next
- Profit for the period above Q2's ₹305.15 million at the Q3 FY27 results would mean the 16.8% growth is converting to earnings and rivals face a tougher pricing fight.
- Management commentary on margins and costs at the post-results call
- Changes to Heritage Foods' milk procurement prices for farmers
- Rival dairy price moves on milk and curd