It reported ₹2,427.6 crore in revenue from operations, up 17.2% on a year-on-year basis but down 6.3% on a sequential basis. Revenue in the same quarter last year stood at ₹2,072 crore while June quarter reported ₹2590.28 crore.
Earnings before interest, tax, depreciation and amortisation (EBITDA) grew by 35% from last year to ₹325 crore, while EBITDA margin improved by 180 basis points to 13.4% from 11.6% a year earlier.
The company’s Milk Mantra acquisition, approved in January this year, continues to boost performance. Higher year-on-year gross margins aided the company’s overall growth, indicating improved cost efficiency and stronger profitability compared to the same period last year.
Shares are trading at ₹1,084.25 apiece, up ₹180.70 or 20% from opening price. However, it is below 14% from 52-week high value of ₹1200.
The company’s board declared and paid a first interim dividend of ₹6 per equity share of ₹1 each (600%) for FY2025–26, amounting to ₹133.65 crore in total, the management said in a statement.
