Milky Mist Q1 profit surges nearly 10-fold as summer demand lifts yogurt, ice cream sales
New Delhi, Aug. 31 -- Newly listed Milky Mist Dairy Food Ltd saw its June quarter (Q1FY27) profit jump nearly tenfold, helped by a sharp summer-led surge in yogurt and ice-cream sales and stronger operating margins.
The Tamil Nadu-based value-added dairy company reported a net profit of Rs.64.6 crore in Q1FY27, up 9.9 times from Rs.6.5 crore a year earlier. Revenue from operations rose 43.6% to Rs.973.4 crore from Rs.678.1 crore.
The growth was broad-based, but summer categories provided a major lift.
"Healthy sales performance across the entire product portfolios, on a broad-based growth, and, the summer portfolio, comprising of ice creams, yoghurts, curd, and, milkshakes, a record strong year on year growth due to extended summer sea...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.