
SRF Limited reported a net profit of ₹201 crore for the second quarter, falling short of the CNBC-TV18 poll estimate of ₹290 crore, indicating a 20.1% decline quarter-on-quarter. Despite this drop, SRF's stock rose by 6%. In contrast, Heritage Foods reported a substantial increase in net profit, reaching ₹48.6 crore, a 117% year-on-year rise, with revenues up 4.2% at ₹1,019.5 crore. The company's EBITDA surged 77% to ₹83.2 crore, resulting in a margin improvement to 8.2%. Meanwhile, United Spirits posted a net profit of ₹341 crore, slightly above the poll estimate of ₹334 crore, although its revenue declined by 0.9% year-on-year to ₹2,844 crore. The outlook for United Spirits remains positive despite the muted demand reflected in a 0.8% decline in net sales.








United Spirits Q2 Results: Net sales decline 0.8% on muted demand; Outlook remains positive @PoonamBehura https://t.co/uDFNie04Ww
Indian dairy products maker Heritage Foods' Q2 profit surges two-fold https://t.co/rOCjBZNwOk https://t.co/eSIlxy1jAO
#Q2WithETNOW | United Spirits: Cons revenue at ₹2,844 cr vs ₹2,869 cr, down 0.9% YoY #UnitedSpirits #EarningsWithETNOW https://t.co/1rvFh84qLR