Key Quantitative Figures - Standalone (Amounts in ₹ millions)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹12,733.76
- Other income: ₹34.14
- Total income: ₹12,767.90
- Total expenses: ₹12,353.37
- Profit before tax: ₹414.53
- Tax expense: ₹109.38 (Current tax: ₹95.10, Deferred tax: ₹14.28)
- Profit for the period: ₹305.15
- Earnings per share (EPS): ₹3.29
Six Months Ended September 30, 2026:
- Revenue from operations: ₹25,651.30
- Other income: ₹97.02
- Total income: ₹25,748.32
- Total expenses: ₹25,005.32
- Profit before tax: ₹743.00
- Tax expense: ₹190.14 (Current tax: ₹162.70, Deferred tax: ₹27.44)
- Profit for the period: ₹552.86
- Earnings per share (EPS): ₹5.96
Key Quantitative Figures - Consolidated (Amounts in ₹ millions)
Quarter Ended September 30, 2026:
- Revenue from operations: ₹13,195.80
- Other income: ₹33.66
- Total income: ₹13,229.46
- Total expenses: ₹12,803.47
- Profit before tax: ₹425.99
- Tax expense: ₹117.42 (Current tax: ₹104.00, Deferred tax: ₹13.42)
- Profit for the period: ₹308.57
- Profit attributable to owners: ₹313.63
- Earnings per share (EPS): ₹3.38
Six Months Ended September 30, 2026:
- Revenue from operations: ₹26,576.74
- Other income: ₹97.74
- Total income: ₹26,674.48
- Total expenses: ₹25,913.02
- Profit before tax: ₹761.46
- Tax expense: ₹203.20 (Current tax: ₹173.80, Deferred tax: ₹29.40)
- Profit for the period: ₹558.26
- Profit attributable to owners: ₹565.80
- Earnings per share (EPS): ₹6.10
Segment Performance - Standalone
Dairy Segment:
- Q2 FY27 Revenue: ₹12,733.76 million
- Q2 FY27 Segment result: ₹458.58 million
Renewable Energy Segment:
- Q2 FY27 Revenue: ₹39.67 million
- Q2 FY27 Segment result: ₹21.57 million
Balance Sheet Highlights - Standalone (as of September 30, 2026)
- Total assets: ₹19,201.09 million
- Total equity: ₹10,959.74 million
- Paid-up equity share capital: ₹463.98 million (face value ₹5 each)
- Other equity: ₹10,495.76 million
- Total liabilities: ₹8,241.35 million
Cash Flow - Standalone (Six months ended September 30, 2026)
- Net cash from operating activities: ₹1,877.51 million
- Net cash used in investing activities: ₹(1,636.49) million
- Net cash used in financing activities: ₹(259.06) million
- Net change in cash: ₹(18.04) million
Dates and Approvals
- Board meeting date: October 15, 2026 (11:30 AM to 2:50 PM IST)
- Results approved by: Board of Directors
- Results reviewed by: Audit Committee
- Auditor: Walker Chandiok & Co LLP issued review reports for both standalone and consolidated results
Exceptional Items
For year ended March 31, 2026, includes ₹69.33 million received towards refund of differential GST liability on classification of flavoured milk, and ₹32.02 million reversed from previously accrued liability for potential interest obligations during Q2 FY26.
Subsidiaries and Associates Included in Consolidated Results
Subsidiaries:
- Heritage Nutrivet Limited
- Heritage Novandie Foods Limited (acquired controlling interest on June 16, 2025)
- Peanut Butter and Jelly Limited
Associate:
- SKIL Raigam Power (India) Limited