KMG Milk Food reported a standalone net loss of ₹14.23 lakh in the quarter ended June 2026, marking a significant decline from the net profit of ₹305.66 lakh recorded in the corresponding quarter of the previous year. According to the latest financial results, this represents a complete reversal in the company's financial performance compared to the same period last year, with the company experiencing a 100% decline in operational revenue during the June 2026 quarter.
The company experienced a dramatic 100% decline in sales during the June 2026 quarter, with zero operational revenue reported compared to ₹305.66 lakh in the same quarter of the previous year. As reported in the latest financial data, this substantial revenue drop appears to be the primary driver behind the company's shift from profitability to losses during the quarter. Total income for the quarter was limited to ₹24.00 lakh, derived entirely from other income sources, indicating that non-operational cash flows have not compensated for the loss of top-line revenue from the company's core pesticides business.
Total expenses for the quarter stood at ₹38.23 lakh, representing a significant increase from ₹291.10 lakh incurred in Q1FY26, though it was lower than the ₹37.69 lakh recorded in the preceding quarter. According to the detailed expense breakdown, employee benefits expense rose to ₹20.84 lakh from ₹18.04 lakh in Q4FY26, while finance costs decreased to ₹10.67 lakh from ₹11.09 lakh in the prior quarter**. The company's operating profit margin (OPM) stood at 8.82% during the June 2026 quarter, while the previous year's corresponding quarter showed no specific OPM data.
The Board of Directors approved the unaudited standalone financial results at a meeting held on August 13, 2026, at the company's registered office in Kurukshetra, Haryana. The results were subjected to a limited review by statutory auditors M/s Gauri Goyal & Associates, who issued a report without qualification pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company's net worth remains at ₹0.00 as per the balance sheet disclosures for the period, raising questions about the company's solvency and potential regulatory actions from SEBI or creditors.
