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.
Parag Milk Foods Ltd on Friday posted 5.59 per cent increase in consolidated net profit at Rs 36.07 crore for third quarter of 2024-25 on higher sales. The company had logged a net profit of Rs 34.16 crore in the year-ago period. Total income rose to Rs 890.75 crore from Rs 806.69 crore in the year-ago period. Expenses remained higher at Rs 853.09 crore as against Rs 773.93 crore. Parag Milk Foods Chairman Devendra Shah said, "Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs." The company is focused on strengthening the supply chain, expanding reach through new-age distribution channels, and driving product innovation to offer superior nutrition solutions, he said.
Rahul Kumar Srivastava's presence is poised to be instrumental in Parag Milk Foods' journey toward a new era of leadership and growth, said the company in a BSE filing
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Parag was established in 1992 and is one of India's largest dairy companies
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