Parag Milk Foods consolidated revenue up 8.8% at ₹800.84cr in Q3
Parag Milk Foods Ltd (PMFL) has reported a 268.8 per cent increase in profit after tax at ₹34.16 crore in the third quarter of fiscal year 2024. The consolidated Q3 FY24 revenue stood at ₹800.84 crore, an 8.8 per cent YoY growth, while gross profit stood at ₹210.75 crore, with a gross profit margin of 26.3 per cent. […]
Parag Milk Foods revenue grows 20% in Q2 FY24
Parag Milk Foods Limited (PMFL), a leading manufacturer and marketer of dairy-based branded products i announced its unaudited financial result for the quarter and half year that ended September 30, 2023, reporting the total revenue for the quarter at ₹7,981.6 million registering a growth of 20.1 per cent y-o-y. Despite the high festive base of last […]
Parag shares surge after partnering with Boston Consulting Group
Parag Milk Foods Limited (PMFL) announced a partnership with Boston Consulting Group (BCG). This collaboration aims to drive growth and implement cost-effective practices across the organization. PMFL recognizes the need to enhance operational efficiency and growth strategies in response to evolving industry dynamics. BCG brings industry knowledge and expertise to the partnership. Together, PMFL and BCG […]
Write Down Will Only Help Us Strengthen Our Business: Devendra Shah
The previous quarters saw strong growth for the company. What has helped you, and what are your expectations for this fiscal? The economy’s gradual opening up has resulted in a good year for demand growth. All of our categories have experienced decent growth in terms of both volumes and value. We expanded our beverage category […]
Pride of Cows is expected to reach Rs 400 crore revenue by 2027-28
Parag Milk Foods, dairy FMCG company with brands like Gowardhan, on Tuesday said its premium milk brand ‘Pride of Cows’ is expected to reach Rs 400 crore annual revenue by 2027-28, following growing popularity for cows milk and value-added products including the newly launched fat-free milk. The company plans to expand its Bhagyalakshmi Dairy Farm, […]
Parag Milk Food aims to raise Rs 300 crore via preferential allotment
Shares of Parag Milk Foods are trading higher after the announcement of its fundraising plans. The company aims to raise over Rs 300 crore via preferential allotment. CNBC-TV18 spoke with Devendra Shah, Chairman of the company to discuss this. Shah said with this amount, the company is replacing short-term working capital with long-term. Also read […]
Pride of Cow Single Origin ghee launched at Rs 1500 per liter
Parag Milk Foods Ltd, launched Pride of Cows ‘Single Origin Ghee’ made from Pride of Cows milk on Aug 31. Parag is a leading dairy FMCG Company with popular brands like ‘Gowardhan’, ‘Go’, ‘Pride of Cows’, and ‘Avvatar’, . Pride of Cows Single Origin Ghee is made to achieve the perfect balance of aroma and […]
