The quarterly revenue expansion was driven by strong summer demand across premium and temperature-sensitive dairy lines. Sales in the yogurt category surged 153 percent year-over-year, while ice cream revenues climbed 60 percent, reflecting broader consumer uptake in convenience and indulgence dairy segments alongside core volume drivers such as fresh paneer, curd, and cheese.

Operating margins demonstrated robust expansion, with EBITDA rising to ₹142.85 crore and margins improving by 278 basis points to 14.68 percent. Management attributed the margin gains to higher plant capacity utilization, operational efficiencies across its integrated cold chain network, and relatively stable farmgate procurement prices across southern milk production belts.

Profitability was further strengthened by a significant reduction in financial overhead following the company’s Initial Public Offering (IPO). Milky Mist deployed fresh equity proceeds to retire roughly ₹497 crore in outstanding long-term debt, substantially lowering finance and interest expenses during the quarter and expanding bottom-line cash generation.