ALPHA TRIBE

Modern Dairies LtdImportant, 11-08-2026: Company Update

11-08-2026 | 04:24 pm

Modern Dairies' board has approved financial results for the quarter, reporting revenue of ₹91.27 Cr and a profit of ₹2.14 Cr. Total comprehensive income for the period was ₹2.77 Cr. The board also re-appointed Mr. Ashwani Kumar Aggarwal as Executive Director for three years, pending shareholder approval, recognizing his three decades of dairy experience. New statutory and cost auditors were appointed. The company will hold its 34th Annual General Meeting, where voting will be scrutinized to ensure transparency. Regarding a significant Milk Cess liability, the company has provided ₹0.12 Cr this quarter, making a total provision of ₹22.01 Cr, with ₹9.91 Cr already deposited, as the matter remains pending in the Supreme Court.

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