Parag Milk Foods Ltd reported 56.28 per cent surge in consolidated net profit to Rs 45.65 crore for the second quarter of the 2025-26 fiscal on higher sales. The company had clocked a net profit of Rs 29.21 crore in the same quarter previous fiscal, according to a regulatory filing. Total income rose 15.58 per cent to Rs 1,025.98 crore in the July-September quarter of the 2025-26 fiscal, from Rs 887.61 crore in the year-ago. Expenses remained higher at Rs 975.49 crore as against Rs 852.04 crore in the said period. The Pune-based dairy sells milk and milk-related products in the brand name such as Gowardhan, Go, Pride of Cows. Its subsidiary firm in Dubai incorporated during 2024-25 fiscal is yet to commence operation.
Shares of Parag Milk Foods surged 14% to ₹316.50 on the back of heavy volumes, and are quoting at the highest level since September 2018.
The company's profit after tax (PAT) figure stood at ₹28 crore during the quarter ending June 30, 2025, indicating a minor rise of 1 per cent from ₹27 crore recorded in Q1FY25