Audited Financial Results for the quarter and financial year ended 31st March, 2026 alongwith Auditors Report and submission of statement on impact of Audit qualifications as annexure -1

Milkfood Ltd reported FY2026 revenue of Rs 41,293 Lakhs, down from Rs 44,776 Lakhs in prior year (revenue decline). However, PAT surged to Rs 4,429 Lakhs from Rs 452 Lakhs (878% increase, well above 25% threshold), driven primarily by exceptional items: Rs 4,760 Lakhs profit on sale of MBD Plant PPE and Rs 3,197 Lakhs revaluation gain on Patiala Land. The auditor issued a Qualified Opinion citing: (i) revaluation of land misclassifying Rs 3,197 Lakhs between PBT and OCI per Ind AS 16, (ii) retrospective revision of vehicle useful life overstating PBT by Rs 251 Lakhs, and (iii) share-based expense of Rs 318 Lakhs wrongly classified under other income instead of employee costs per Ind AS 102. Adjusted figures show true PAT of only Rs 981 Lakhs on adjusted income of Rs 45,011 Lakhs. Operating cash flow turned sharply negative at Rs -10,511 Lakhs vs +Rs 1,924 Lakhs. Contingent liabilities stand at Rs 4,364 Lakhs including a Rs 1,896 Lakhs CGST demand under appeal.