World · India Bureau
Milky Mist's Q1 profit surges eightfold to ₹65 crore
The dairy and frozen desserts manufacturer posted strong financial results driven by a 43.6 per cent jump in revenue to ₹973.45 crore. Growth was underpinned by robust demand across its product portfolio, with yogurt and ice cream leading the expansion.
LSN India ·
Milky Mist Dairy has reported a significant turnaround in its first-quarter performance, with net profit climbing to ₹65 crore compared to ₹8 crore in the corresponding quarter last year. The eightfold increase marks a substantial recovery for the company as it capitalizes on growing consumer demand across its product categories.
Revenue for the quarter ended June 30 reached ₹973.45 crore, reflecting year-on-year growth of 43.6 per cent. The company attributed the expansion to broad-based performance improvements across its portfolio, indicating balanced growth rather than dependence on any single product line.
Yogurt and ice cream segments emerged as particular growth drivers for the company during the quarter. These categories benefited from a combination of factors, including increased consumption patterns, expanded distribution networks, and stronger brand positioning in key regional markets.
The results underscore the resilience of India's dairy sector amid evolving consumer preferences toward value-added dairy products. Milky Mist's performance suggests robust demand for both traditional and contemporary dairy offerings, positioning the company for continued momentum in the coming quarters.