Shares of surged 20 per cent in Monday's trade to touch their upper circuit limit of Rs 1,081.35 on BSE after the company announced its second quarter (Q2 FY26) results. The stock surged following strong year-on-year (YoY) growth in profit and revenue.

On a consolidated basis, the dairy major reported a profit after tax (PAT) of Rs 109.54 crore, marking a 70.31 per cent rise from Rs 64.32 crore in the same quarter last year. However, the profit declined 18.89 per cent sequentially compared to Rs 135.19 crore in the first quarter of FY26. Advertisement

Revenue from operations stood at Rs 2,427.59 crore, registering a 17.1 per cent increase from Rs 2,072.10 crore in Q2 FY25. On a quarter-on-quarter basis, revenue fell 6.3 per cent from Rs 2,590.28 crore in Q1 FY26.

Total expenses rose 14

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