Dairy Products
7 recent notes from companies in this sector. 3 companies tracked.
Milkfood raises ₹6.6 cr via warrants to MD, president
Two insiders get 11 lakh warrants each, convertible in 18 months, adding 7.9% dilution. No use of proceeds disclosed.
Vadilal's profit jumps 149% in Q4. Dividend more than doubles.
The ice-cream maker's Q4 net profit hit ₹54.86 crore. The board recommended a final dividend of ₹43 per share, a 105% increase over last year's ₹21.
Premier Capital's profit is a one-off, not a dairy recovery
A ₹25.5 lakh net profit reverses a ₹9 lakh loss, but the gain comes almost entirely from a surge in non-operational income as the core business shrank.
Milkfood's auditor finds accounting errors behind its reported profit
Exceptional gains masked an operational decline, with the auditor flagging issues with land, vehicles, and share-based costs.
Milkfood's ₹44 cr profit is mostly an asset sale. The auditor isn't convinced.
A qualified audit opinion challenges the very gains that inflated Milkfood's FY26 profit. Strip them out, and net profit is just ₹9.81 crore.
Sheetal Cool Products logs 15.4% net profit growth in FY26
Revenue rose 13.9% to ₹36,600 lakhs as auditor gave clean opinion with inventory and receivables caveats.
Sheetal Cool Products net profit up 15.4%; auditor flags inventory, receivables
Steady growth but auditor's emphasis-of-matter on inventory and receivables keeps the story honest.