H. J. Heinz Co. has declared its first-quarter financial result for the current fiscal year. The company has stated that its net income has jumped in the reviewed quarter with a superior sales record. Heinz Co. has posted a 13% hike in its net income in the Q1 of the year.

It has said that it has seen a reasonable growth in the markets like India, China and Russia. The business of the company in these markets has gone up remarkably up. Heinz is basically a known brand in its ketchup segment.

The company has said that it has earned $240.4 million or 75 cents per share for the three months period of the ongoing year.

For the similar quarter in the previous year the company has earned $212.6 million, or 67 cents per share.

There has been a remarkable hike in the company’s earning in this quarter against its like period a year ago. The revenue of the firm has gone up to $2.48 billion with a hike of 1.6% in Q1 of the year.