Heritage Foods reports 25% yoy dip in PAT for Q3

Revenue from operations was Rs661cr in Q3FY20 vs. Rs610cr in the year-ago period.

Jan 31, 2020 02:01 IST India Infoline News Service

Heritage Foods
Heritage Foods Ltd. posted a revenue of Rs661cr in Q3FY20 vs. Rs610cr in the year-ago period.

Profit after tax came in at Rs14.57cr vs. Rs19.57cr for the same quarter of FY19, a decline of 25% yoy.

Stock View:
Heritage Foods Ltd is currently trading at Rs365.40 down by Rs2.2 or 0.6% from its previous closing of Rs367.60 on the BSE.
The scrip opened at Rs368 and has touched a high and low of Rs372 and Rs343 respectively. So far 1,03,816 (NSE+BSE) shares were traded on the counter.

The current market cap of the company is Rs1,705.59cr.

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