Heritage Foods reported a mixed performance in its Q3 financial results, with profitability coming under pressure even as topline growth remained steady. The dairy major saw a decline in net profit and operating margins on a year-on-year basis, reflecting higher costs and margin compression during the quarter.

For Q3, Heritage Foods’ net profit declined by 19.8% to ₹34.5 crore, compared with ₹43 crore in the same quarter last year. The drop in profit highlights the impact of rising input costs and operating expenses, which weighed on overall earnings despite improved revenues.

Revenue from operations grew by 8.2% year-on-year to ₹1,119.1 crore, up from ₹1,033.9 crore in the corresponding quarter of the previous year. The revenue growth was supported by stable demand across key dairy segments and continued expansion of the company’s distribution network.

At the operating level, EBITDA fell 15% to ₹63 crore in Q3, compared with ₹74 crore reported in the same period last year. As a result, EBITDA margin narrowed to 5.6%, down from 7.2% on a year-on-year basis.