The result was announced after market hours yesterday, 8 November 2017.

Meanwhile, the S&P BSE Sensex was up 171.56 points or 0.52% at 33,390.37.

On the BSE, 300 shares were traded on the counter so far against the average daily volumes of 6,091 shares in the past two weeks. The stock had hit a high of Rs 72.50 and a low of Rs 71.90 so far during the day.

Umang Dairies' revenue from operations rose 16.02% to Rs 59.60 crore in Q2 September 2017 over Q2 September 2016. Revenue from operations includes conversion charges received by the company towards contract manufacturing activities.

Despite a decent growth in sales volume/value, the bottom line was adversely impacted during the quarter due to increase in prices of milk.

Umang Dairies is a dairy product manufacturing company. It makes skimmed milk powder (SMP), whole milk powder, dairy creamers, dairy whiteners, tea & coffee premixes, pure ghee, fresh cream, and butter, etc.