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Tuesday, October 30, 2001

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Heritage Foods net at Rs 2.35-cr

HYDERABAD: Heritage Foods (India) Ltd has posted a turnover of Rs 38.55 crore, other income of Rs 10.15 lakh and a net profit of Rs 2.35 crore during the second quarter of the current fiscal.

The company's turnover and net profit has increased when compared to the turnover of Rs 35.23 crore and a profit of Rs 1.49 crore registered during the corresponding period in the previous year.

According to the unaudited financial results, the company has incurred an expenditure of Rs 34.78 crore and provided Rs 12.59 lakh towards interest charges, Rs 64.41 lakh for depreciation and Rs 75 lakh for taxation during the period under consideration. Its earnings per share stood at Rs 2.18. -- Our Bureau

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