Milky Mist Stock Surges Over 25% Amid Strong Financial Results Shares of Milky Mist Dairy Food have surged more than 25% in three consecutive trading sessions, defying cautious market sentiment. The stock reached a record high of ₹268.75 on the BSE on Thursday, 3 September, marking a 27% increase from its previous levels. This sharp rise follows a series of positive developments, including strong June-quarter results and strategic initiatives aimed at expanding the company’s market presence. The upward trend began on Tuesday, 1 September, when the stock started climbing after the company reported its consolidated profit after tax (PAT) for the first quarter of fiscal year 2027 (Q1FY27). PAT surged 889.81% year-on-year (YoY) to ₹64.68 crore, driven by a 43.6% YoY increase in revenue from operations to ₹973.45 crore. The robust performance was attributed to strong sales across the entire product portfolio. EBITDA also rose 74.5% YoY to ₹144.89 crore, with the EBITDA margin improving to 14.88% from 12.24% in the same period last year. K Rathnam, the whole-time director and chief executive officer of Milky Mist Dairy Food, emphasized the company’s focus on driving profitable growth through portfolio expansion, operating discipline, and investments in manufacturing and distribution capabilities. “Our strategy involves expanding our range of value-added food products, strengthening brands and distribution networks, and increasing our market presence,” Rathnam stated. He also highlighted the importance of improving efficiency and leveraging scale while maintaining disciplined financial execution. Analysts have noted the company’s strong fundamentals, particularly in the value-added dairy segment.#tamil_nadu #milky_mist_dairy_food #k_rathnam #smc_global_securities #perundurai_plant
