Milky Mist Dairy Q1FY27 Revenue Jumps 44% to ₹973.45 Cr, PAT Grows 9X
Milky Mist Dairy reported Q1FY27 unaudited results with revenue up 44% YoY to ₹973.45 Cr. PAT surged 889.81% YoY to ₹64.68 Cr. The company commissioned a new Cheddar Cheese Plant with 120 MT/day capacity. Key growth drivers included yogurt (153% YoY), ice cream (60% YoY), and paneer (34% YoY).
The substantial revenue and profit growth, coupled with capacity expansion and positive management outlook, indicate a significant positive impact on the company's financial health and market position.
The company has shown strong year-on-year growth in revenue, gross profit, EBITDA, and a significant increase in PAT. The commissioning of a new plant and positive management commentary further support a positive sentiment.
Milky Mist Dairy Food Limited has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a significant 43.6% year-on-year (YoY) growth in revenue from operations, reaching ₹973.45 crore, compared to ₹678.09 crore in the same quarter last year.
Gross profit saw a substantial increase of 56.1% YoY to ₹333.02 crore, with the gross profit margin improving to 34.21% from 31.46%. EBITDA grew by 74.5% YoY to ₹144.89 crore, leading to an expansion in EBITDA margin to 14.88% from 12.24%. Profit After Tax (PAT) witnessed an impressive growth of 889.81% YoY, reaching ₹64.68 crore from ₹6.53 crore, with the PAT margin improving to 6.64% from 0.96%.
The robust revenue growth was attributed to strong sales across the product portfolio. The summer portfolio, including ice creams, curd, and yogurt, experienced strong YoY growth due to an extended summer season. Paneer remained the largest contributor with 34% YoY growth, while cheese and curd categories grew by 38% and 27% YoY, respectively. The ice cream category grew by 60% YoY, and the yogurt category emerged as a standout performer with 153% YoY growth.
In Q1FY27, the company also commissioned a new Cheddar Cheese Plant with an installed capacity of 120 MT per day. This expansion is expected to further strengthen its market position.
Dr. K Rathnam, Whole time Director and Chief Executive Officer, stated, “We have started FY27 with a strong performance... Our focus will remain on driving profitable growth through portfolio expansion, operating discipline and investments in our manufacturing and distribution capabilities. We will continue to expand our range of value-added food products, strengthen our brands and distribution network, and increase our presence across markets.”
Milky Mist Dairy Food Limited is a leading value-added dairy and packaged food company in India, with a diversified portfolio. The company's revenue grew at a CAGR of 31.26% between FY2024 and FY2026, reaching ₹3,138.36 crore in FY2026.
A plain-language summary of a public exchange filing by Milky Mist Dairy Food Limited. Read the original for the full detail.