Parag Milk Foods Q4 Profit Jumps 23%

Parag Milk Foods reported a strong Q4FY26 performance with consolidated net profit rising 23.31% to ₹40.14 crore, driven by higher sales across key categories. The company had posted a profit of ₹32.55 crore in the corresponding quarter last year.

Total income for the January–March 2026 quarter increased to ₹945.34 crore from ₹918.25 crore a year ago. However, expenses also remained elevated at ₹924.06 crore compared to ₹898.79 crore in the same period last year.

For the full FY26 financial year, the dairy major reported net profit of ₹152.39 crore, marking a 15% growth over ₹132.59 crore recorded in FY25. The company’s New Age Business segment — led by premium milk brand Pride of Cows and protein nutrition brand Avvatar — crossed the ₹100 crore quarterly revenue milestone in Q4FY26, registering an impressive 109% year-on-year growth.

Akshali Shah, Executive Director of Parag Milk Foods, said the company achieved 11% topline growth and 19% bottomline growth before exceptional items during FY26. The company added that its core categories including ghee, cheese and paneer continued to provide stability despite elevated commodity prices, supported by calibrated pricing and disciplined cost management.

Source: Dairynews7x7 10 May, 2026 Read full story here

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