by Team Small News | Aug 11, 2025 | FMCG, Heritage
Heritage Foods, a leading dairy and retail company, has reported a 31% decline in its net profit for the first quarter of the current fiscal year. The company’s net profit stood at Rs 12.37 crore, down from Rs 24.92 crore in the same period last year. However,...
by Team Small News | Aug 8, 2025 | FMCG, Heritage
Heritage Foods Ltd, a leading dairy firm, has reported a 5.75% drop in consolidated net profit for the fourth quarter of the 2024-25 fiscal year. The company’s net profit stood at ₹38.16 crore, compared to ₹40.49 crore in the same period last year. Despite the...
by Team Small News | Aug 8, 2025 | Britannia, FMCG, Heritage, Hindustan lever, ITC
The Fast-Moving Consumer Goods (FMCG) sector in India has shown a mixed performance in the first quarter of the financial year 2026 (Q1 FY26). According to various reports, some FMCG players have posted record-high sales, while others have faced margin squeezes due to...
by Team Small News | Aug 8, 2025 | FMCG, Heritage, ITC
ITC Hotels has announced the signing of an agreement for its second Fortune hotel in Lucknow, which is expected to open in 2026. This marks the company’s seventh property in Uttar Pradesh, a state that has been a key focus area for ITC Hotels. The new Fortune...
by Team Small News | Aug 3, 2025 | FMCG, Heritage
The State of the Economy podcast recently featured an interview with Srideep N Kesavan, CEO of Heritage Foods Ltd, to discuss the current state of the dairy sector in India. Despite being the world’s largest milk producer, generating nearly 240 million tons of...
by Team Small News | Aug 1, 2025 | FMCG, Heritage
The CID investigation revealed that the master plan for Amaravati and the Inner Ring Road was altered to benefit several individuals and companies closely associated with Chandrababu Naidu, the former Chief Minister of Andhra Pradesh. Specifically, the changes...