Milky Mist Dairy Food Private Ltd.

Milky Mist Dairy Food Private Ltd. stands out as a leading player in the Value-Added Dairy Products (VADP) sector. The company has made headlines with its recent approval from the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) valued at ₹2,000 crore. This strategic financial move includes a fresh issue of ₹1,000 crore, which is allocated for reducing debt and financing capital expenditures.

For the fiscal year ending March 2024, Milky Mist reported impressive revenues of ₹2,876 crore, marking an increase from ₹2,357 crore in the previous fiscal year. However, despite this revenue growth, the company experienced a slight decline in net profits, which fell from ₹55 crore in FY23 to ₹51 crore in FY24.

The company's financial strategies and plans reflect its commitment to strengthening its market position and enhancing operational efficiencies. Milky Mist's focus on reducing debt through the IPO and investing in capital expenditures is indicative of its long-term growth objectives in the competitive dairy industry.

Modified: 2025/10/28

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