Saputo Inc. earned $156 million in its second quarter, up from $145 million a year earlier.
Revenues were down to $4.3 billion from $4.5 billion for the same quarter last year.
Saputo said sales were stable in its second quarter despite continued softening of global demand for dairy products, with higher domestic sales volumes more than offsetting lower volumes on the export side.
Looking ahead it expects to benefit from price increases it has made and efforts to cut costs and improve efficiencies.
It also expects near-term inflation on its overall input costs to moderate, but remain elevated.
