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Hyderabad: HeritageFoods Limited (HFL), one of India's most trusted dairy brands, has announced the acquisition of a majority 51 per cent stake in Peanut Butter and Jelly Private Limited, the parent company of Get-A-Way -- India's pioneering guilt-free dessert brand known for its high-protein, no added sugar ice creams. The acquisition, achieved through secondary buyouts from existing investors, marks Heritage Foods' entry into the fast-growing, health-focused dessert category. The remaining 49 ...Read More >
Heritage Foods Ltd has acquired a 51% stake in health-focused ice cream brand Get-A-Way for Rs 9 crore. This strategic move aims to expand Heritage Foods' portfolio beyond traditional dairy into functional food categories. The acquisition, expected to be completed within 45 days, will make Get-A-Way a subsidiary. Dairy company Heritage Foods Ltd said on Monday it has acquired a 51 per cent stake in Peanutbutter and Jelly Pvt Ltd, which owns health-focused ice cream brand Get-A-Way, for Rs 9 cro ...Read More >
Bengaluru: The Karnataka Commercial Tax Department has once again issued a clarification regarding the recent tax notices sent to bakeries, condiments, and tea stalls in Bengaluru. Following earlier backlash, the department had stated that traders with annual turnover below ₹1.5 crore can opt for the Composition Tax Scheme and pay only 1% tax, offering significant relief. Now, in a press release, the department reiterated that traders who have received notices should visit their respective tax ...Read More >
Hyderabad: Heritage Foods Limited, a leading Indian dairy brand, reported its highest-ever quarterly revenue of Rs11,368 million for the first quarter of FY26, registering a 10% year-on-year growth despite headwinds from unseasonal rainfall across its key markets. The company, which is celebrating 34 years of operations, attributed its strong performance to steady progress in milk procurement, resilient milk and value-added product (VAP) sales, and its continued focus on quality, innovation, an ...Read More >
New Delhi, Jul 17 (PTI) Dairy firm Heritage Foods on Thursday reported a 30.60 per cent drop in consolidated net profit to Rs 40.54 crore during first quarter of this fiscal on higher expenses. The company posted a net profit of Rs 58.42 crore a year ago. Net income rose by 10 per cent to Rs 1,136.8 crore during April-June quarter of the 2025-26 fiscal from Rs 1,032.67 crore in the year-ago quarter, according to a regulatory filing. However, expenses remained higher at Rs 1,085.76 crore as ag ...Read More >
Mumbai, July 17 (SocialNews.XYZ) Dairy company Heritage Foods Limited on Thursday reported a sharp decline in net profit for the first quarter of FY26, as the company posted a net profit of Rs 40.5 crore for the April-June quarter, down 30.7 per cent from Rs 58.4 crore reported in the same period previous year (Q1 FY25). The fall in profit came despite a 10.1 per cent year-on-year (YoY) growth in revenue, which rose to Rs 1,136.7 crore from Rs 1,032.6 crore in a year-ago period, according to it ...Read More >
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