Milky Mist's first-half profit jumps 308% after stock market debut

Erode-based Milky Mist Dairy Food, which listed on the stock markets in August, reported a 308.4% rise in profit after tax for April-September compared with the same period last year. CEO and wholetime director K. Rathnam said revenue from operations grew 42.5% and EBITDA rose 62.9%, despite inflation in the farm sector, El Nino effects and geopolitical uncertainties.