Parag Milk Foods standalone net profit rises 72.54% in the March 2018 quarter

Sales rise 20.87% to Rs 508.75 crore

Net profit of Parag Milk Foods rose 72.54% to Rs 22.12 crore in the quarter ended March 2018 as against Rs 12.82 crore during the previous quarter ended March 2017. Sales rose 20.87% to Rs 508.75 crore in the quarter ended March 2018 as against Rs 420.90 crore during the previous quarter ended March 2017.

For the full year,net profit reported to Rs 78.48 crore in the year ended March 2018 as against net loss of Rs 1.76 crore during the previous year ended March 2017. Sales rose 12.76% to Rs 1918.12 crore in the year ended March 2018 as against Rs 1701.09 crore during the previous year ended March 2017.

ParticularsQuarter EndedYear EndedMar. 2018Mar. 2017% Var.Mar. 2018Mar. 2017% Var.Sales508.75420.90 21 1918.121701.09 13 OPM %9.916.83 -9.694.56 - PBDT43.2724.47 77 156.3857.22 173 PBT31.038.11 283 107.629.96 981 NP22.1212.82 73 78.48-1.76 LP

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