Milky Mist Dairy Food Limited (“Milky Mist” or “Company”) (NSE: MILKYMIST |BSE: 544868), India’s fastest-growing packaged food Company, today announced its unaudited financial results for the quarter ended June 30, 2026
| Particulars (Rs. in Cr) | Q1FY27 | Q1FY26 | YoY Growth |
| Revenue from Operations | 973.45 | 678.09 | 43.6% |
| Gross Profit | 333.02 | 213.34 | 56.1% |
| Gross Profit Margin | 34.21% | 31.46% | |
| EBITDA # | 144.89 | 83.02 | 74.5% |
| EBITDA Margin* | 14.88% | 12.24% | |
| Profit After Tax | 64.68 | 6.53 | 889.81% |
| PAT Margin | 6.64% | 0.96% |
# EBITDA includes Other Income *EBITDA Margin = EBITDA / Revenue from operations.
- Q1FY27 revenue grew at a robust ~44% on a YoY basis, supported by healthy sales performance across the entire product portfolio, reflecting broad-based growth:
- The summer portfolio, comprising of ice creams, curd and yogurt categories, recorded a strong YoY growth, due to an extended summer season, particularly across the Southern India.
- Paneer remained the largest contributor, with revenue growth of 34% on a YoY basis.
- Cheese and Curd categories continued to deliver healthy growth, with revenue growth of 38% and 27% YoY, respectively.
- The growth in revenue from the ice cream category was 60% on a YoY basis.
- Yogurt category emerged as a standout performer, with a YoY growth of 153%.
- The Company further strengthened growth through continued process and product innovation, new product variants and deeper market penetration, enabling expansion across existing as well as new geographies.
- The gross profit expansion was primarily driven by higher volume growth, improved product mix and pricing ability.
- The operational efficiencies primarily contributed to EBITDA growth and EBITDA margin expansion.
- In Q1FY27, the Company commissioned a new Cheddar Cheese Plant with the installed capacity to
120 MT per day.
| Management Commentary |
Dr. K Rathnam, Wholetime Director and Chief Executive Officer, Milky Mist Dairy Food Limited, said:
“We have started FY27 with a strong performance, with Revenue from Operations growing 43.6% YoY to Rs.973.45 Cr in Q1FY27. The gross profit expansion was primarily driven by higher volume growth, improved product mix and pricing ability.
As we look ahead to FY27, 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.
We remain focused on improving efficiency and leveraging scale while balancing investments for future growth with disciplined execution and financial performance. With the capabilities we have built and the opportunities ahead, we are confident of strengthening our position in the value-added FMCG space and delivering sustainable growth over the year.”