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Parag Milk Foods consolidated net profit declines 59.32% in the December 2020 quarter

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Capital Market

Sales decline 25.17% to Rs 473.59 crore

Net profit of Parag Milk Foods declined 59.32% to Rs 11.22 crore in the quarter ended December 2020 as against Rs 27.58 crore during the previous quarter ended December 2019. Sales declined 25.17% to Rs 473.59 crore in the quarter ended December 2020 as against Rs 632.93 crore during the previous quarter ended December 2019. ParticularsQuarter EndedDec. 2020Dec. 2019% Var.Sales473.59632.93 -25 OPM %7.429.28 -PBDT26.5748.27 -45 PBT13.8634.67 -60 NP11.2227.58 -59

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First Published: Feb 05 2021 | 2:58 PM IST

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