Modern Dairies Q1 PAT up about 30 percent, new auditor appointed, AGM on September 26
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 7.1 pts more than Nifty Microcap 250 and 7.7 pts more than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Modern Dairies Q1 FY27 revenue grew 16.6 percent YoY to Rs 91.27 crore. PAT rose 29.5 percent to Rs 2.14 crore from Rs 1.65 crore. Board reappointed Whole-Time Director Ashwani Aggarwal for 3 years and appointed Sanjeev Sharma and Associates as new statutory auditor, replacing APT and Co LLP. 34th AGM set for September 26. Milk cess demand of Rs 544.31 crore from Haryana government remains a key overhang.
Strong Q1 PAT growth is positive. Auditor change and a Rs 544 crore milk cess contingent liability are watch points for shareholders.