Business · India Bureau
Milky Mist stock gains 5% as Q2 profit surges 174% year-on-year
Dairy company Milky Mist reported a sharp jump in second-quarter profit after tax to ₹77.94 crore, driven by strong operational performance and improved financial position. The company's stock price rose 5% following the earnings announcement.
LSN India ·
Milky Mist reported a profit after tax of ₹77.94 crore during the second quarter of FY27, representing a 174.50 per cent increase compared to the same period last year. The strong bottom-line expansion was underpinned by significant improvement in operational metrics and strategic financial decisions.
The company achieved new highs in both revenue and earnings before interest, tax, depreciation and amortisation (Ebitda) during the quarter, reflecting robust demand for its dairy products and operational efficiency gains. The margin expansion contributed substantially to the profitability surge.
Beyond operational improvements, Milky Mist's financial performance was further strengthened by loan repayment activities and favourable deferred tax adjustments, which provided additional support to bottom-line growth. These factors combined to deliver the substantial year-on-year earnings improvement.
Market sentiment around the company remained positive, with the stock price appreciating 5% on the back of the results announcement, reflecting investor confidence in the company's growth trajectory and financial management.