The buying on the counter came after Parag Milk Foods entered India's growing ready-to-drink (RTD) protein beverage market under its sports nutrition brand Avvatar
Parag Milk Foods on Friday reported a 23.31 per cent rise in consolidated net profit to Rs 40.14 crore for the fourth quarter 2025-26 fiscal, driven by higher sales. The company had posted a net profit of Rs 32.55 crore in the year-ago period, according to a regulatory filing. Total income for the January-March quarter rose to Rs 945.34 crore from Rs 918.25 crore a year earlier. However, expenses remained elevated at Rs 924.06 crore against Rs 898.79 crore in the corresponding period. For the full 2025-26 fiscal, the company posted a net profit of Rs 152.39 crore, up 15 per cent from Rs 132.59 crore in the previous year. The company's New Age Business segment, led by premium milk brand Pride of Cows and protein nutrition brand Avvatar crossed the Rs 100 crore quarterly revenue mark in Q4FY26, recording 109 per cent year-on-year growth. Akshali Shah, Executive Director, Parag Milk Foods, said the company delivered 11 per cent topline growth and 19 per cent bottomline growth (befo