Heritage Foods Limited | 32nd Annual Report 2023-24

Built to Last Turnover FY24 37,343 FY23 32,087 FY22 26,429 FY21 FY20 24,070 26,811 (In H Million) PAT FY24 910 FY23 659 FY22 1,015 FY21 FY20* 1,452 571 (In H Million) EPS FY24 9.81 FY23 7.19 FY22 11.10 FY21 FY20 15.87 (17.49) (In H) Heritage recorded a sound performance in FY2023-24, with growth achieved across all KPIs. On a standalone basis, the company’s revenue from operations grew by about 16% to I37,343 million, while net profit grew by around 38% to I910 million during the year. Key performance drivers were expansion in sales volumes, growing share of value-added portfolio due to premiumization trends, improved operational efficiencies, optimised product distribution, and ongoing marketing and promotional activities. *Before FVTPL EBIDTA FY24 1,821 FY23 1,350 FY22 1,781 FY21 FY20* 2,497 1,330 (In H Million) *Before FVTPL STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 10 32ND ANNUAL REPORT 2023-24 | HERITAGE FOODS LTD

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