Athira Sethu
Kochi, 3 September 2026
The shares of the dairy products company Milky Mist Dairy Food remain on investors’ radar following the impressive financial performance of the firm in the quarter of April-June of FY27. The firm made net profit that increased almost ten times year on year.
On Wednesday, the shares of Milky Mist gained 7.57% to close at ₹232.03 in NSE. The closing price of the shares was ₹210.94 the previous trading day. More than 24 million of shares were traded during the day.
The sharp gain in the share price occurred following the publication of the first-quarter results by the company on Monday evening. Milky Mist reported net profit of ₹64.68 crore in Q1 FY27 against ₹6.53 crore in the same quarter a year ago. In this way, the company managed to increase its profit almost 890%.
Moreover, Milky Mist experienced strong increase in revenue. Revenue of the firm increased 43.6% to ₹973.45 crore from ₹678.09 crore a year ago.
Operating EBITDA of the company increased by 74.5% to ₹144.89 crore. Moreover, the EBITDA margin of Milky Mist improved to 14.88% from 12.24%.
Total expenses for the company increased by 34.5% to ₹901.01 crore due to rising cost of raw materials, but the company was able to earn significantly higher profits due to strong sales performance.
Milky Mist revealed that its summer products performed excellently in the quarter. Items like ice cream, curd, and yoghurt showed strong demand owing to the longer summer season, particularly in southern India.
The company witnessed growth in many product categories. Its paneer category, which is the largest for the company, posted 34% growth. The ice cream category posted growth of 60%, while the yoghurt category posted 153% growth. Sales of cheese and curd increased by 38% and 27%, respectively.
According to the company, it plans to grow further through innovation in products and expansion of its market footprint.
Shares of Milky Mist began trading at ₹165 on August 18, 2026, at NSE, which was about 18% above its issue price of ₹140.
On September 1, 2026, the market capitalization of Milky Mist stood at about ₹17,498 crore.
