Summary of Key Information:
Reporting Period: Quarter ended 30th June 2026 (Q2 FY27)
Nature of Filing / Announcement: Unaudited Financial Results Submission
Audit Opinion:
Clean/Unmodified Opinion - The statutory auditors (Walker Chandiok & Co LLP) issued an unmodified limited review report stating that nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
Key Financial Highlights [Rs. in millions]:
Standalone Results:
Revenue from Operations: ₹8,783 million (Sale of products: ₹8,678 million + Other operating revenue: ₹105 million)
- QoQ Comparison: Increased 80.8% from ₹4,858 million in Q1 FY27 (ended 31st March 2026)
- YoY Comparison: Increased 16.0% from ₹7,571 million in Q2 FY26 (ended 30th June 2025)
Total Income: ₹8,798 million (including Other income: ₹15 million)
Net Profit: ₹507 million
- QoQ Comparison: Turnaround from loss of ₹1,071 million in Q1 FY27
- YoY Comparison: Increased 34.8% from ₹376 million in Q2 FY26
EPS: Basic and Diluted ₹0.22 per share (Face value Re. 1 per share)
- QoQ Comparison: Improved from loss per share of ₹0.46 in Q1 FY27
- YoY Comparison: Increased from ₹0.16 per share in Q2 FY26
Other Equity: ₹4,372 million
Expenses Breakdown:
Cost of materials consumed: ₹1,797 million
Purchases of stock-in-trade: ₹1,611 million
Changes in inventories: ₹1,314 million (positive)
Employee benefits expense: ₹573 million
Finance costs: ₹104 million
Depreciation and amortization: ₹403 million
Other expenses: ₹2,454 million
Total Expenses: ₹8,256 million
Exceptional Items:
Net exceptional gain of ₹135 million comprising:
- Gain of ₹394 million from reversal of royalty and central service fees payable to Magnum IP Holding B.V. for period from 1st October 2025 to 31st March 2026
- Impairment allowance of ₹166 million on property, plant and equipment
- Establishment costs of ₹93 million
Tax Impact:
Deferred tax expense: ₹170 million for current quarter
Segment-wise Performance:
The Company has identified 'Ice-cream' as its only primary reportable segment. No separate segment information provided.
Corporate Actions:
Not Specified
Other Significant Information:
Paid up Equity Share Capital: ₹2,350 million (Face value Re. 1 per share)
The figures for quarter ended 31st March 2026 are balancing figures between audited figures for period from 10th January 2025 to 31st March 2026 and unaudited published figures for period from 10th January 2025 to 31st December 2025.
Financial results for quarter ended 30th June 2025 were certified by management but not subjected to limited review or audit.