Milky Mist Shares Hit Upper Circuit Following Nearly Tenfold Q1 Profit Surge

Shares of Milky Mist Dairy Food surged 10 percent on the National Stock Exchange (NSE) to hit their upper circuit following the release of the company's financial results for the first quarter of fiscal year 2027.

At 12:05 pm, the stock was trading at ₹232.03, which marked its upper circuit limit and placed it close to its 52-week high of ₹233.80, recorded earlier on August 27, 2026.

For the quarter ended June 30, 2026, Milky Mist reported a standalone profit after tax (PAT) of ₹64.45 crore. This represents a substantial increase compared to the ₹5.73 crore PAT recorded in the corresponding quarter of the previous year.

The company's revenue from operations also experienced robust growth, rising nearly 45 percent year-on-year to ₹973.39 crore during the quarter under review. According to the company's guidance and performance metrics, revenue grew by 43.6 percent to reach ₹973.45 crore in Q1 FY27, largely driven by heightened summer demand for dairy products.

"The massive jump in profitability and revenue for Milky Mist Dairy Food clearly demonstrates the strong impact of seasonal demand on consumer goods businesses. Achieving a nearly tenfold increase in profit alongside a 45 percent rise in revenue highlights effective execution and robust market demand during the peak summer quarter. For listed businesses in the food and dairy sector, capitalizing on seasonal tailwinds while managing operational scale is key to driving such strong financial outcomes." — Dr. Shishir Gupta, Founder & CEO, StartupLanes