Berkshire Hathaway writes down Kraft Heinz's value by ₹43,500 cr, takes 60% earnings hit
Warren Buffett-led Berkshire Hathaway wrote down value of its 27.4% stake in Heinz Tomato Ketchup-maker Kraft Heinz to $8.4 billion (₹73,250 crore) in April-June 2025, down $4.98 billion (₹43,500 crore) from October-December 2024 quarter. Berkshire had helped Kraft buy Heinz in 2015. With this, Berkshire's net earnings have also dipped by nearly 60% YoY to $12.37 billion in April-June 2025.