Milkfood's board has approved the financial results for the quarter.

The company reported revenue from operations of 63.44 Cr and a net loss of 0.61 Cr.

The company operates solely in the dairy products segment, including milk powder and casein.

Key operational impacts include a 2.03 Cr reduction in depreciation due to revised vehicle useful life, shown as other income.

The company is appealing a 16.75 Cr GST demand, expecting a favorable outcome, and has contingent liabilities of 24.42 Cr.

Employee stock options resulted in a 0.12 Cr expense.

Basic and diluted EPS for the quarter was (0.83) per share.