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Umang Dairies Ltd Q1FY24; 44% rise in Revenue

Incorporated in 1992, Umang Dairies Limited (formerly known as JK Dairy & Foods Limited) is a quality manufacturer of various dairy ingredients. It is a part of the JK group and it procures cow milk from farmers mainly in the state of Uttar Pradesh at Gajraula for manufacturing value-added products from milk

Financial Results:

Umang Dairies Ltd reported Revenues for Q1FY24 of ₹80.02 Crores up from ₹55.74 Crore year on year, a rise of 43.56%.

Total Expenses for Q1FY24 of ₹83.74 Crores up from ₹57.30 Crores year on year, a rise of 46.14%.

Consolidated Net Profit of -₹2.47 Crores from -₹0.86 Crores in the same quarter of the previous year.

The Earnings per Share is -₹1.12, from -₹0.39 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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