Milky Mist Q2 net profit jumps nearly 3-fold to Rs 78 cr: The wider industry impact

Milky Mist Q2 net profit jumps nearly 3-fold to Rs 78 cr: The wider industry impact

Yogurt continued as the highest growing category in Q2FY27 with capacity expansion

Revenue from operations rose 41.6% to Rs 1,089.4 crore from Rs 769.47 crore in the year-ago quarter, marking the company’s highest-ever quarterly revenue. EBITDA grew 53.9% to Rs 165.21 crore, while the EBITDA margin expanded to 15.17% from 13.95%, according to a statement.

“Despite inflation in the agricultural sector, the El Nino impact and geopolitical uncertainties, we achieved higher revenue growth, improved margins and profitability,” said K Rathnam, wholetime director and CEO of Milky Mist Dairy Food. It will also invest in milk procurement, manufacturing and market expansion while focusing on profitable growth, Rathnam said. The company plans to scale up its value-added product portfolio, expand distribution and improve capacity utilisation. You Can Also Check: Gold Rate in Chennai | Silver Rate in Chennai | Bank Holidays in Chennai | Public Holidays in Chennai | Chennai AQI | Weather in Chennai | Petrol Price in Chennai | Diesel Price in Chennai | CNG Price in Chennai | LPG Price in Chennai

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