BSEMilkfood LtdHighNeutral
Announced Tue, 12 Aug · 16:41 IST

The Board of Directors at their meeting held today i.e. 12th August, 2025 inter alia, considered and approved the Financial Results for the quarter ended 30th JUne, 2025

Qualified OpinionEmphasis Of MatterRevenue DeclinePat NegativeExceptional ItemResults View source PDF

Price

Loading chart…

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Milkfood Ltd reported weak Q1 FY26 results with revenue from operations falling ~23% YoY to Rs 7,366 lakhs (vs Rs 9,605 lakhs in Q1 FY25). The company slipped into a net loss of Rs 69 lakhs compared to a profit of Rs 59 lakhs in the year-ago quarter, with EPS turning negative at Rs (0.28) vs Rs 1.02. Total income was propped up by other income of Rs 555 lakhs, which includes a one-time Rs 310 lakh write-back of old security deposits and Rs 243 lakhs from retrospective re-evaluation of vehicle useful life — the auditor flagged this as the basis for a modified opinion. Contingent liabilities stand at Rs 3,883 lakhs, including a Rs 1,896 lakh CGST demand under appeal. The Board also appointed a new Independent Director, re-appointed the Managing Director for 5 years, and appointed a new Secretarial Auditor.

Likely market impact

Negative quarter for shareholders — the company moved from profit to loss on a significant revenue decline, and results carry a modified auditor opinion plus an Emphasis of Matter on GST and other income items. Investors should watch the GST appeal outcome and whether Q1 weakness is seasonal or a trend.