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Milky Mist Q2 revenue grows 41.6 pc, EBITDA rises 53.9 pc

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Milky Mist Q2 revenue grows 41.6 pc, EBITDA rises 53.9 pc

Milky Mist said growth was supported by volume and value expansion across its product portfolio, with its protein range emerging as the fastest-growing segment. Higher consumption of value-added dairy products, market expansion, calibrated price increases and improved capacity utilisation also contributed to performance. The company said operational efficiencies and product mix supported the improvement in EBITDA and margins.

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Milky Mist Dairy Food Ltd reported a 41.6 pc year-on-year increase in revenue from operations in Q2 FY27, while EBITDA grew 53.9 pc, as demand across its dairy portfolio and expansion in value-added products supported growth. The company said revenue, gross profit and EBITDA reached new quarterly highs during the period.

For the first half of FY27, revenue from operations increased 42.5 pc year on year, while EBITDA grew 62.9 pc. Profit after tax (PAT) rose 308.4% during the six-month period, according to the company. It attributed the improvement in profitability to EBITDA expansion, loan repayments and the creation of a deferred tax asset.

Milky Mist said growth was supported by volume and value expansion across its product portfolio, with its protein range emerging as the fastest-growing segment. Higher consumption of value-added dairy products, market expansion, calibrated price increases and improved capacity utilisation also contributed to performance. The company said operational efficiencies and product mix supported the improvement in EBITDA and margins.

During the quarter, yogurt remained its fastest-growing category. The company expanded its protein-focused portfolio with the launch of Skyr and Greek Yogurt in four-pack formats, following the introduction of High-Protein Paneer Cubes in Q1.


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