Shares of Milky Mist Dairy Food Ltd. were trading with gains of 4% on Friday, October 30, after the company reported a strong performance for the September quarter, with revenue, operating profit and margins improving year-on-year.
Revenue from operations rose 41.6% year-on-year to ₹1,089.4 crore in Q2 FY27, compared with ₹769.5 crore in the corresponding quarter last year.
EBITDA increased 49.9% to ₹157.47 crore from ₹105.08 crore a year ago. The EBITDA margin expanded to 14.5% from 13.7% in the year-ago quarter, an improvement of 80 basis points.
Net profit surged 174.5% year-on-year to ₹77.94 crore, compared with ₹28.39 crore in Q2 FY26.
The company said yogurt remained its fastest-growing category during the quarter, supported by capacity expansion. It also expanded its product portfolio with the launch of high-protein lactose-free milk.
Milky Mist Dairy Food reported a 41.6% increase in revenue from operations, attributing the growth to higher volumes and demand for value-added dairy products.
“Despite prevailing agricultural inflation, the impact of El Niño and geopolitical uncertainties, we have achieved higher revenue growth, improved margins and profitability,” said K. Rathnam, whole-time director and chief executive officer.
Milky Mist Dairy Food shares ended 1.02% higher at ₹302.20 on Thursday. The stock has gained over 65% so far in 2026.
Milky Mist shares rise 4% after net profit nearly triples in Q2, topline crosses ₹1,000 crore