Announced Thu, 5 Nov, 2026 · 15:56 IST
Q2 FY27 revenue up 41.6%, EBITDA margin reaches 15.2%
MILKYMIST · price
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AI summary
Q2 FY27 revenue rose 41.6% year on year to Rs 1,089 crore. Gross margin improved 112 basis points to 33.9% and EBITDA margin reached 15.2%; profit after tax was Rs 77.9 crore, helped by a deferred tax offset. H1 revenue grew 42.5% to Rs 2,062.9 crore. Yogurt grew 168% and paneer 44%. Management expects protein products to rise from 12% to 18-20% of revenue within 2-3 years.
Likely market impact
Strong growth and margin gains support optimism, but price-led growth, capacity spending and the deferred tax benefit remain key risks to watch.