BSEKMG Milk Food LtdHighNeutral
Announced Thu, 13 Nov · 15:24 IST

unaudited financial results for quarter ended 30-09-2025

Going ConcernRevenue Growth 20pctRevenue DeclinePat NegativeDebt Equity ThresholdResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

KMG Milk Food Ltd reported a standalone net loss of Rs 10.29 lakhs in Q2 FY26 (July-September 2025), narrower than the Rs 38.18 lakh loss in Q2 FY25. Revenue from operations for the quarter stood at Rs 121.50 lakhs, slightly down from Rs 127.34 lakhs year-on-year, while total income dropped sharply to Rs 147 lakhs from Rs 241.60 lakhs due to lower 'other income'. For the half year (H1 FY26), revenue from operations grew ~24% to Rs 427.16 lakhs, swinging to a profit of Rs 28.27 lakhs from a Rs 39.39 lakh loss in H1 FY25. The auditor's limited review report is clean with no qualifications.

Likely market impact

Despite the swing to a half-year profit, the company's balance sheet shows deeply negative net worth of Rs (80.03) lakhs with accumulated losses of Rs (610.49) lakhs, raising serious going-concern concerns. Long-term borrowings of Rs 581.48 lakhs against negative equity means debt vastly exceeds shareholder funds, posing material solvency risk for retail investors.