Packaged Foods company Milky Mist Dairy Food announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: The company reported revenue of Rs 97,344.61 lakh in Q1FY27, representing a growth of 14.58% compared to Rs 84,959.19 lakh in Q4FY26 (QoQ) and a significant increase of 43.56% from Rs 67,809.48 lakh in Q1FY26 (YoY). Total Income: Total income for Q1FY27 stood at Rs 97,452.62 lakh, up 14.56% from Rs 85,069.49 lakh in Q4FY26 (QoQ) and up 43.34% from Rs 67,985.44 lakh in Q1FY26 (YoY). Profit Before Tax: The group recorded a profit before tax of Rs 7,350.73 lakh in Q1FY27, an increase of 11.74% compared to Rs 6,578.13 lakh in Q4FY26 (QoQ) and a substantial growth of 605.98% over Rs 1,041.21 lakh in Q1FY26 (YoY). Net Profit for the Period: Net profit for Q1FY27 was Rs 6,467.90 lakh, showing a decline of 30.01% from Rs 9,240.72 lakh in Q4FY26 (QoQ) but a robust growth of 889.81% compared to Rs 653.45 lakh in Q1FY26 (YoY). Total Comprehensive Income: The company reported total comprehensive income of Rs 6,496.14 lakh in Q1FY27, compared to Rs 9,269.50 lakh in Q4FY26 (QoQ) and Rs 671.53 lakh in Q1FY26 (YoY). Earnings Per Share (EPS): For Q1FY27, the basic EPS stood at Rs 1.01 and diluted EPS was Rs 0.97, compared to a basic EPS of Rs 0.10 in Q1FY26. Standalone Financial Highlights: Revenue from Operations: Standalone revenue in Q1FY27 reached Rs 97,339.04 lakh, growing by 13.93% from Rs 85,440.05 lakh in Q4FY26 (QoQ) and 44.73% from Rs 67,256.24 lakh in Q1FY26 (YoY). Total Income: Standalone total income was Rs 97,451.16 lakh in Q1FY27, an increase of 13.90% over Rs 85,560.54 lakh in Q4FY26 (QoQ) and 44.53% over Rs 67,427.90 lakh in Q1FY26 (YoY). Profit Before Tax: Standalone profit before tax for Q1FY27 was Rs 7,318.94 lakh, up 7.66% from Rs 6,798.48 lakh in Q4FY26 (QoQ) and up 678.20% from Rs 940.50 lakh in Q1FY26 (YoY). Net Profit for the Period: Standalone net profit stood at Rs 6,445.19 lakh in Q1FY27, a sequential decline of 31.49% from Rs 9,407.67 lakh in Q4FY26 (QoQ) but a year-on-year increase of 1,024.68% from Rs 573.07 lakh in Q1FY26 (YoY). Earnings Per Share (EPS): Standalone basic EPS for Q1FY27 was Rs 1.00 and diluted EPS was Rs 0.96. Business Highlights: Initial Public Offering (IPO): Subsequent to Q1FY27, the company successfully completed its IPO. The issue comprised a Fresh Issue of 10,20,14,622 equity shares at Rs 140.00 per share, aggregating to Rs 1,42,800 lakh, and an Offer for Sale of 89,28,570 shares at the same price, aggregating to Rs 12,500 lakh. The shares were listed on NSE and BSE on August 18, 2026. Segment Performance: The company’s business activities are mainly related to the processing of milk and manufacturing of milk-related products. This is assessed as a single reportable operating segment in accordance with Ind AS 108. Private Placement and Share Conversion: During Q1FY27, the company issued 5,43,789 Equity Shares and 2,50,00,000 Compulsorily Convertible Preference Shares (CCPS) to Jongsong Investments Pte. Ltd. for Rs 35,700.00 lakh. These CCPS were subsequently converted into equity shares on July 22, 2026. Revised Taxation: Effective April 1, 2026, the company opted for the tax rate of 25.168% under Section 200 of the Income Tax Act, 2025 (formerly Section 115BAA). The resultant impact of this change was recognized in the Statement of Profit and Loss for Q1FY27. Net IPO Proceeds: The total net proceeds from the private placement to Jongsong Investments Pte Ltd and the Initial Public Offering combined amounted to Rs 1,80,376.43 lakh. K Rathnam, Whole-time Director & Chief Executive Officer, Milky Mist Dairy Food, said: “We have started FY27 with a strong performance, with Revenue from Operations growing 43.6% YoY to Rs 973.45 crore 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.” Result PDF