1.UNAUDITED RESULTS FOR QUARTER ENDED 31.12.2025 APPROVED 2. RESIGNATION OF CFO PARDEEP GUPTA 3. APPOINTMENT OF CFO JASBIR SINGH
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KMG Milk Food's board met on February 12, 2026 and approved unaudited standalone results for the quarter ended December 31, 2025 (Q3 FY26). Revenue from operations fell sharply to just ₹41.87 lakhs in Q3, down from ₹121.50 lakhs in Q2 and ₹305.66 lakhs in Q1 FY26. The company posted a loss of ₹12.11 lakhs in Q3, the second consecutive quarterly loss after a profit of ₹38.56 lakhs in Q1. For the 9 months ended December 2025, the company reported a profit of ₹16.16 lakhs versus a loss of ₹16.90 lakhs in the same period last year, showing a year-on-year improvement. Separately, CFO Mr. Pardeep Gupta resigned effective February 11, 2026 citing pre-occupation, and Mr. Jasbir Singh (20+ years of finance experience) was appointed as the new CFO effective March 1, 2026 on a salary of ₹40,000 per month.
Sharp quarter-on-quarter revenue decline and back-to-back quarterly losses raise concerns about business momentum, though nine-month profitability has improved year-on-year. The CFO transition appears smooth and orderly, but shareholders should watch whether the steep revenue drop in Q3 reflects a one-off or a deeper demand issue.