The company stated that milk procurement prices continued to rise faster than realization prices, keeping gross margins under pressure.
The net result was US$157.5 million (138 million euros).
Bemul also achieved its highest-ever milk procurement levels during the year, indicating increasing farmer participation and sustained growth in dairy activities across Belagavi district.
The strong performance is driven by strategic expansions, a resilient supply chain, and robust demand across its core categories, particularly poultry and dairy.
Operating profit is US$580.9 million (507 million euros) and a net result of US$375.3 million (328 million euros).