KMG Milk Food Ltd — Others, 02-07-2025: AGM/EGM

KMG Milk Food Limited has announced a board meeting to consider the financial results for the quarter and half-year. The company reported a total income of ₹77.33 Cr for FY 2024-25, up from ₹28.76 Cr the previous year, but incurred a net loss of ₹4.57 Cr, reversing from a net profit of ₹1.12 Cr last year. No dividend is proposed to conserve resources. Key borrowings increased to ₹70.07 Cr, largely secured against rent receivables. The company operates in dairy products manufacturing and continues to focus on internal controls, risk management, and human resource development. No material regulatory issues or frauds were reported, though the internal audit function remained vacant during the year. New director Mr. Sulekh Kumar Aggarwal was appointed for his expertise in accounting and governance. Statutory auditors M/s Gauri Goyal & Associates were re-appointed for four years. Several pending legal recovery cases exist but are not expected to impair operations.