Latest news about Milkfood
Milkfood
68.30
-0.12(-0.18%)
Company Performance:
View Company Insights1D-0.18%
1M+5.00%
6M+2.18%
1Y-18.78%
5Y-24.35%
More news about Milkfood
25Mar 26
Milkfood Limited Replaces Property Sale Agreement for Rs. 130 Crores at Village Agwanpur, Moradabad
Milkfood Limited has replaced its January 2026 property sale agreement with a fresh agreement dated March 24, 2026, for selling 20.084 acres at Village Agwanpur, Moradabad to multiple buyers for Rs. 130 Crores. The property contributed Rs. 74.92 Crore revenue (16.73% of turnover) in FY 2024-25. The sale, expected to complete by April 15, 2026, involves unrelated parties and proceeds will be used for debt reduction and business development.
13Feb 26
Milkfood Limited Reports Q3FY26 Results with Quarterly Profit Despite Nine-Month Loss
Milkfood Limited reported mixed Q3FY26 results with net profit of ₹141 lakhs versus ₹63 lakhs in Q3FY25, despite revenue declining to ₹8,629 lakhs from ₹11,328 lakhs. The nine-month performance showed net loss of ₹713 lakhs compared to profit of ₹210 lakhs in the previous year, with revenue dropping to ₹23,400 lakhs from ₹26,973 lakhs. The company faces GST demands of ₹1,896 lakhs and has entered agreements to sell Moradabad Unit assets while implementing employee stock option plans.
20Jan 26
Milkfood Limited's Wholly Owned Subsidiary MFL Trading Private Limited Struck Off from Register of Companies
Milkfood Limited has successfully completed the striking off of its wholly owned subsidiary MFL Trading Private Limited from the Register of Companies. The Registrar of Companies approved the application on January 20, 2026, following the initial filing on October 15, 2025, allowing the company to streamline its corporate structure.
16Jan 26
Milkfood Limited Sells Moradabad Property Unit for ₹130 Crores to Bareilly Dairies
Milkfood Limited has signed an Asset Purchase Agreement to sell its property unit at Village Agwanpur, Moradabad for ₹130.00 crores to Bareilly Dairies Limited. The comprehensive sale includes 20.084 acres of land, buildings, and plant machinery, with completion expected by March 31, 2026. The facility generated ₹74.92 crores revenue representing 16.73% of total turnover in FY 2024-25.
14Nov 25
Milkfood Limited Reports Net Loss of Rs 506 Lakhs in Q2 FY2026 Despite Revenue Growth
Milkfood Limited reported a net loss of Rs 506 lakhs for Q2 FY2026, compared to a profit of Rs 53 lakhs in Q2 FY2025. Revenue decreased by 7.77% year-over-year to Rs 7,415 lakhs. The company attributed the loss to exceptional heavy rains impacting operations. Management expects recovery in the upcoming peak season. The company granted 12,18,000 stock options to employees and directors, revised vehicle depreciation life, and reported contingent liabilities of Rs 4,632 lakhs.
15Oct 25
Milkfood Limited Initiates Process to Strike Off Inactive Subsidiary
Milkfood Limited has filed an application to strike off its wholly owned subsidiary, MFL Trading Private Limited, from the Register of Companies. The subsidiary has been dormant since incorporation with no business operations or financial activity. This move is part of Milkfood's efforts to streamline its corporate structure. The company has submitted Form STK-2 and disclosed the development as per SEBI regulations. The strike-off process is subject to approval from the Registrar of Companies and is not expected to have any material impact on Milkfood Limited's operations or financials.
12Aug 25
Milkfood Ltd Reports Q1 Loss, Appoints New Independent Director
Milkfood reported a net loss of Rs 69.00 lakhs in Q1, compared to a profit of Rs 59.00 lakhs in the previous year. Revenue declined by 23.31% to Rs 7,366.00 lakhs. Other income increased significantly to Rs 555.00 lakhs. The company appointed Mrs. Jyotsna Bhatnagar as an Independent Director, re-appointed Mr. Sudhir Avasthi as Managing Director, and named Mrs. Kamlesh Gupta as Secretarial Auditor. Milkfood also granted 12,18,000 stock options under its Employee Stock Option Plan.
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