Parag Milk Foods Q2 net profit rises 15.9%; revenue up at Rs 871.31 crore
Parag Milk Foods reported a 15.9% rise in consolidated net profit, reaching Rs 29.21 crore in the second quarter ending September 2024.
India’s milk will see significant evolution, rapid product innovation over 10 years: Akshali Shah, Parag Milk Foods
India, the world’s largest producer of milk, has seen an improvement in the dairy sector due to the use of technologies such as automated milking systems.
Parag Milk Foods records gross profit of Rs 749 crore in FY24
The company’s profit after tax stood at 91 crore in FY24 showing 70% YoY growth compared to up PAT of Rs 53 crore in FY23
Dodla Dairy, Heritage Foods, Parag Milk Foods: Why is Investec bullish on dairy sector?
Dairy stocks, stock market today: The brokerage notes that private dairy companies are poised for significant growth with key structural demand drivers in place.
Meet man who started his business in 1992, now turned it into Rs 2,337 crore company
Several businessmen in India started their companies with a small production unit. With hard work and commitment for years, they have turned their companies into big business empires.
Parag Milk Foods appoints former Amul MD Rahul Kumar Srivastava as COO
Parag Milk Foods Limited, a manufacturer and marketer of dairy-FMCG products, has announced the appointment of Rahul Kumar Srivastava as the Chief Operating Officer of the organization.
Parag Milk Foods slips 12%, stock hits 52-week low as Q4 loss widens
For the financial year 2021-22, Parag Milk Foods reported a loss of Rs 532.50 crore, due to one-time write down of Rs 509.50 crore.
Parag Milk Foods hikes milk prices by Rs 2 per litre
Parag Milk Foods Chairman Devendra Shah said: “This price hike is being done after almost 3 years due to rise in costs of energy, packaging, logistics and cattle feed that has led to an increase in the overall cost of operation and milk production”. Parag Milk Foods said the input cost of dairy farmers have gone up.
Parag Milk Foods reports consolidated net loss of Rs 9.64 crore in the March 2021 quarter
Sales decline 18.85% to Rs 434.35 crore.
Parag Milk Foods to raise ₹316 crore
To raise funds from IFC, Sixth Sense Venture Advisors, promoters.
