Parag Milk Foods
317.40
-2.85(-0.89%)
Market Cap₹3,789.00 Cr
PE Ratio33.36
Company Performance:
1D-0.89%
1M+12.10%
6M+60.23%
1Y+44.04%
5Y+184.28%
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More news about Parag Milk Foods
21Jul 25
Parag Milk Foods Reports Strong Q1 Performance with 12% Revenue Growth
Parag Milk Foods Limited announced its Q1 financial results, reporting a record revenue of ₹852.00 crore, up 12% year-on-year. The company saw a 5% increase in overall volume, with core categories growing 9%. EBITDA increased by 6% to ₹66.00 crore, while PAT grew by 1% to ₹28.00 crore. The company maintains strong market positions in branded cow ghee (22%) and cheese (35%). New age business, including Pride of Cows and Avvatar brands, showed 57% year-on-year growth. The company is focusing on brand building and market expansion strategies as it prepares for the upcoming festive season.
05Jun 25
Parag Milk Foods May Be Impacted by Potential GST Rate Reduction on Food Products
The Indian government is considering lowering GST rates for various food products, which could affect companies in the food industry, including Parag Milk Foods Ltd. This potential change may impact pricing structures, consumer demand, and market competitiveness in the food sector. As a major dairy product manufacturer, Parag Milk Foods could see significant effects on its operations and financial outlook if the GST reduction is implemented.
05May 25
Parag Milk Foods Reports Robust Q4 Performance: Revenue Up 16.2%, Profit Surges 166.8%
Parag Milk Foods announced impressive Q4 FY2024-25 results, with revenue up 16.2% to ₹918.25 crore and profit after tax soaring 166.8% to ₹26.20 crore. EBITDA increased by 67.7% to ₹62.00 crore, with margin expanding to 6.80%. The company implemented a ₹2.00 per litre price hike from May 1, 2025, to offset rising costs. Earnings calls are scheduled for May 5, 2025, to discuss performance with investors and analysts.
03Apr 25
Parag Milk Foods Raises ₹161 Crore Through Preferential Issue, Expands Product Portfolio
Parag Milk Foods has approved a ₹161 crore capital raise through preferential issue of convertible warrants to optimize debt and fund growth. The company also expanded its product portfolio across brands, introducing high-protein and nutrient-rich offerings including new yogurts, paneer, buttermilk, and protein bars. The expansion aims to meet growing consumer demand for health-focused nutrition products.
02Apr 25
Parag Milk Foods Expands Portfolio with High-Protein, Nutrient-Rich Offerings
Parag Milk Foods Ltd has introduced a range of high-protein and nutrient-rich products across its flagship brands Gowardhan, Go, Pride of Cows, and Avvatar. New offerings include crunchy chikki, fruit yogurt, low-fat paneer, Greek yogurt, mozzarella balls, and protein bars. The company aims to cater to the growing demand for healthier food options, with products available through various retail channels and e-commerce platforms. This expansion aligns with projected market growth in fruit yogurt, paneer, and premium protein bar segments in India.
Parag Milk Foods
317.40
-2.85
(-0.89%)
1 Year Returns:+44.04%
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