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Latest news about Parag Milk Foods

Parag Milk Foods Confirms No Deviation in Fund Utilization for Q3 FY26 3 hrs ago Yesterday

Parag Milk Foods has filed its no deviation statement for Q3 FY26, confirming complete compliance in utilizing ₹40.00 crores from its preferential issue of convertible warrants. The funds were deployed exactly as planned across debt reduction (₹17.50 crores), working capital (₹7.80 crores), capital expenditure (₹5.00 crores), and general corporate purposes (₹9.70 crores), with monitoring agency India Ratings & Research confirming no material deviations from stated objects.

Parag Milk Foods Makes Q3FY26 Earnings Call Recording Available for Investors 6 days ago

Sixth Sense India Opportunities-III Reduces Stake in Parag Milk Foods Nov 19, 2025

Parag Milk Foods Achieves Milestone: Quarterly Revenue Surpasses INR 1,000 Crore Nov 17, 2025

Parag Milk Foods Reports No Deviation in Preferential Issue Fund Utilization for September Quarter Nov 13, 2025

More news about Parag Milk Foods

12Nov 25

Parag Milk Foods Reports Q2 FY26 Results: Revenue Crosses ₹1,000 Crore Mark

Parag Milk Foods Limited reported its highest-ever quarterly revenue of ₹1,008.00 crore in Q2 FY26, marking a 16% year-over-year growth. The company saw a 56% increase in Profit After Tax to ₹46.00 crore. EBITDA grew by 16% to ₹89.00 crore, maintaining a margin of 8.9%. The company reduced its consolidated net debt to ₹436.00 crore, improving its debt to EBITDA ratio to 1.4 times. Core categories showed strong performance, with new age businesses growing 79% year-over-year. Despite dairy market inflation, PMFL maintained its EBITDA margin while passing on costs.

11Nov 25

Parag Milk Foods Reports Record Q2 Revenue of Rs 1,008 Cr, PAT Grows 56% YoY

Parag Milk Foods Limited (PMFL) reported strong Q2 FY24 results with consolidated revenue reaching Rs 1,008.00 crores, a 16% YoY growth. Profit After Tax (PAT) increased by 56% to Rs 46.00 crores. EBITDA grew 16% to Rs 89.00 crores with an 8.9% margin. Core categories saw 14% volume growth, while new age businesses grew 79%. The company reduced net debt by Rs 125.00 crores to Rs 436.00 crores. PMFL also converted Foreign Currency Convertible Bonds, allotting 87,38,713 equity shares at Rs 135.00 per share.

04Nov 25

Parag Milk Foods Faces Rs 6.14 Lakh Penalty from Food Safety Authority

Parag Milk Foods Limited has been penalized Rs 6.14 lakh by the Food Safety and Standards Authority of India (FSSAI) for alleged substandard products at two locations: Rs 1.14 lakh in Udaipur and Rs 5.00 lakh in Lunawada. The company maintains the products were fit for consumption and states there is no material impact on operations. Parag Milk Foods reserves the right to appeal the orders.

03Sept 25

Parag Milk Foods Proposes GST Removal on Paneer

Parag Milk Foods, a leading Indian dairy company, has proposed removing the Goods and Services Tax (GST) on paneer. This move could potentially reduce paneer prices, making it more accessible to consumers. The proposal may impact the entire dairy industry and is subject to review by the GST Council and government authorities. It could affect paneer consumption, market dynamics for dairy products, and tax revenues.

27Jul 25

Parag Milk Foods Achieves Record Q1 Revenue of ₹852 Crore, Up 12% YoY

Parag Milk Foods achieved its highest ever Q1 revenue of ₹852.00 crore, a 12% year-on-year growth. Core categories (cheese, ghee, paneer) grew 9% in volume and 14% in value, contributing 57% of total revenue. The company maintained market leadership with Gowardhan ghee at 22% and Go cheese at 35% market share. Despite an 18% increase in milk prices, EBITDA grew 6% with a 7.7% margin. New age business grew 57% year-on-year, now contributing 9% of total revenue. Daily milk procurement increased 10% to 16.5 lakh litres. The company targets ₹10,000.00 crore revenue in the next five years.

22Jul 25

Parag Milk Foods Reports Strong Q1 Performance with 12% Revenue Growth

Parag Milk Foods Limited (PMFL) announced robust Q1 financial results. Standalone revenue increased 12% to ₹898.69 crore, while profit after tax rose to ₹32.43 crore. The company maintained market leadership in key categories, with a 22% share in branded cow ghee and 35% in cheese. PMFL also approved amendments to its insider trading policy and reappointed Deloitte as internal auditor for the next two years.

21Jul 25

Parag Milk Foods Reports Record Q1 Revenue, Targets 39% CAGR in New Age Brands

Parag Milk Foods Limited (PMFL) announced its Q1 financial results, reporting a record revenue of ₹852.00 crore, up 12% year-on-year. The company saw 5% overall volume growth, with core categories experiencing 14% value growth and 9% volume growth. EBITDA was ₹66.00 crore with a 7.7% margin. PBT grew 9% to ₹29.00 crore. PMFL is strengthening its position in value-added dairy, with core categories contributing 57% of total revenue. New age brands now constitute 9% of overall business, up from 6% last year, with a 57% year-on-year revenue surge. The company aims for a 39% CAGR in new age brands and is focusing on expanding core categories, brand building, and strengthening D2C efforts.

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.