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January to March 2026 · consolidated

Milky Mist Dairy Food Q4 FY26 results

MILKYMIST · Consumer Food

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?1 question to ask2 of 19 checks ran · from the quarterly statements; filing read not yet in
Revenue₹854 cr
EBITDA₹136 crmargin 15.9% (—)
Net profit₹94.0 cr
EPS₹1.46

What changed

  1. Revenue ₹854 cr, — on the year; EBITDA margin 15.9%, —.
  2. A tax credit added to profit this quarter. Deferred tax recognised, or a reversal? Profit before tax ₹68.0 cr; tax −₹25.8 cr, a credit.

The quarter, explainedfrom the quarterly statements

Milky Mist Dairy Food reported revenue of ₹854 cr for January to March 2026, — on the year and — on the quarter.

Operating profit (EBITDA) was ₹136 cr, a margin of 15.9%, — on the year and — on the quarter.

Net profit was ₹94.0 cr, — on the year and — on the quarter, with earnings per share of ₹1.46.

FMCG growth splits into volume and price. When margins rise while revenue grows slowly, the cause is usually easier input costs rather than stronger demand. The quarterly statements do not carry underlying volume growth, gross margin and rural against urban demand; those come with the filing read.

Written from the quarterly statements. The filing read adds the balance sheet and cash flow filed with this quarter, the auditor's review, segment results, one-off items line by line and what management said on the call.

Questions to askeach one with its numbers and source

?Question

A tax credit added to profit this quarter. Deferred tax recognised, or a reversal?

Profit before tax ₹68.0 cr; tax −₹25.8 cr, a credit.

Source: Quarterly statements

Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).

The year: balance sheet and cashfiled with Q4

This quarter's filing carries a balance sheet and a cash flow statement. The cash, receivables and borrowing checks run once the filing read is in.

Context

FinMinutes scored the offer document 71/100 before listing. 0 quarters of numbers since. Promise against delivery

Every quartersame rules, every quarter

Q1 FY26Q4 FY26Q1 FY27
Revenue₹673 cr₹854 cr₹973 cr
YoY——+45%
EBITDA margin11.9%15.9%14.7%
Other income, % of PBT22%1%1%
Exceptional items———
Tax rate39%−38%12%
Net profit₹6.0 cr₹94.0 cr₹64.0 cr
YoY——+967%
Core profit YoY——+929%
EPS₹0.09₹1.46₹1.00
Flags·11

Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.

Alerts for Milky Mist Dairy FoodOnly when its results land or a check fires. No more than three a day; a digest for the rest. One click to stop.

Questions people ask

What were Milky Mist Dairy Food Q4 FY26 results?

Milky Mist Dairy Food reported revenue of ₹854 cr (— on the year) and net profit of ₹94.0 cr (— on the year) for January to March 2026.

Are there any red flags in Milky Mist Dairy Food Q4 FY26 results?

1 check raised a question: A tax credit added to profit this quarter. Deferred tax recognised, or a reversal?

Is this a recommendation?

No. FinMinutes reports what was filed and the questions the numbers raise. It does not recommend buying, selling or holding any security.

Numbers as filed with the exchanges, read by rules. Every flag is a question with its source, not an accusation. FinMinutes is a financial data and analytics platform; nothing here is a recommendation to buy, sell or hold any security. How each check works.

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