Milky Mist shares rally over 9% after Q1 profit surges nearly tenfold
Milky Mist Dairy Food shares rallied over 9% after the dairy products maker reported a nearly tenfold year-on-year jump in Q1 profit to Rs 65 crore, while revenue rose 43.6%. Stronger margins and robust growth across key categories, including yoghurt, ice cream, cheese and paneer, supported the performance.
Milky Mist Dairy Food shares surged by 10% on the NSE, reaching their upper circuit following strong Q1 results. The company's stock traded at ₹232.03 by 12.05 pm, nearing its 52-week high of ₹233.80 from August 27, 2026. Milky Mist reported a standalone profit of ₹64.45 crore for the quarter ended June 30, 2026, a remarkable increase from ₹5.73 crore in the same period last year.
Revenue from operations also saw a significant rise, up nearly 45% year-over-year to ₹973.39 crore. The company had guided for robust performance, with revenue expected to grow by 43.6% to ₹973.45 crore in Q1 FY27.
Written by urgent.news from Hindu BusinessLine's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Milky Mist shares jumps 10% as Q1 profit surges nearly 10x thehindubusinessline.com
