Quarterly Result4 Nov 2026, 07:34 am
Parag Milk Foods Q2 FY27 Revenue ₹1,241 Cr, Up 23% YoY
AI Summary
Parag Milk Foods Limited announced its unaudited financial results for Q2 and H1 FY27. The company reported its highest-ever quarterly revenue of ₹1,241 Cr for Q2 FY27, a 23% increase year-on-year, driven by 12% volume growth. EBITDA grew 37% YoY to ₹101 Cr (excluding a one-off item from the previous year). The New Age Business segment, including Pride of Cows and Avvatar, saw significant growth of 71% YoY, contributing 12% to revenue. The Board also approved a scheme of amalgamation for Bhagyalaxmi Dairy Farms Private Limited with the company and significant capacity expansions for paneer and cheese, involving investments of approximately ₹100 Cr and ₹105 Cr, respectively.
Key Highlights
- Q2 FY27 revenue reached ₹1,241 Cr, up 23% YoY with 12% volume growth.
- EBITDA increased 37% YoY to ₹101 Cr, with EBITDA margin at 8.1%.
- New Age Business revenue grew 71% YoY, now contributing 12% of total revenue.
- Board approved ₹100 Cr investment for paneer capacity expansion.
- Board approved ₹105 Cr investment for doubling cheese capacity.
Price Impact
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