Parag Milk Foods Ltd's Q1FY26 Quarter Results
- 22 Jul 2025
Result Summary
- Parag Milk Foods Ltd reported a 7.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1FY26). On a year-on-year (YoY) basis, it witnessed a growth of 12.5%.
- Its expenses for the quarter were up by 5.8% QoQ and 12.7% YoY.
- The net profit increased 181.1% QoQ and increased 1.0% YoY.
- The earnings per share (EPS) of Parag Milk Foods Ltd stood at 2.2 during Q1FY26.
Financial Statments for Q1FY26
| (₹ crores) | Q1FY26 | Q4FY25 | Q1FY25 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 859.16 | 797.76 | 763.45 | 7.7% | 12.5% |
Total Expenses | 829.98 | 784.23 | 736.64 | 5.8% | 12.7% |
Profit Before Tax | 29.18 | 13.53 | 26.81 | 115.7% | 8.8% |
Tax | 1.60 | 3.72 | -0.49 | -57.0% | -426.5% |
Profit After Tax | 27.58 | 9.81 | 27.30 | 181.1% | 1.0% |
Earnings Per Share | 2.20 | 0.80 | 2.30 | 175.0% | -4.3% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Parag Milk Foods Ltd is a prominent player in the dairy industry, primarily involved in the processing and production of a wide range of dairy products including milk, cheese, yogurt, and paneer, among others. The company has established itself as a key player in the Indian dairy market, offering products under several renowned brand names. As of the latest quarter, there are no specific details provided about any recent major developments or strategic shifts within the company. The company continues to operate within the competitive landscape of the dairy industry, which is characterized by fluctuating input costs and changing consumer preferences.
Revenue
In the first quarter of the financial year FY26, Parag Milk Foods Ltd reported a total income of ₹859.16 crores. This represents a quarter-over-quarter (QoQ) increase of 7.7% from ₹797.76 crores reported in the fourth quarter of FY25. On a year-over-year (YoY) basis, the total income increased by 12.5% compared to ₹763.45 crores in the first quarter of FY25. The growth in total income indicates an upward trend in revenue generation over the past year, reflecting the company's performance in expanding its market reach and possibly improving sales volumes.
Profitability
Regarding profitability, the company posted a profit before tax of ₹29.18 crores in Q1FY26, which is a substantial QoQ growth of 115.7% when compared to ₹13.53 crores in Q4FY25. The YoY growth was 8.8% over the ₹26.81 crores in Q1FY25. After accounting for tax expenses, the profit after tax stood at ₹27.58 crores, marking a significant QoQ increase of 181.1% from ₹9.81 crores in Q4FY25, and a modest YoY increase of 1.0% from ₹27.30 crores in Q1FY25. The earnings per share (EPS) for Q1FY26 was ₹2.20, reflecting a QoQ increase of 175.0% from ₹0.80 in Q4FY25 but a slight YoY decrease of 4.3% from ₹2.30 in Q1FY25. These figures suggest robust improvements in profitability on a quarterly basis.
Operating Metrics
The total expenses for Q1FY26 were ₹829.98 crores, which represents a QoQ increase of 5.8% from ₹784.23 crores in Q4FY25, and a YoY increase of 12.7% from ₹736.64 crores in Q1FY25. The tax expense for the quarter was reduced to ₹1.60 crores, a significant decrease of 57.0% QoQ from ₹3.72 crores in the previous quarter. Notably, the tax expense in Q1FY25 was a negative amount of ₹-0.49 crores, indicating a substantial fluctuation in tax metrics over the year. These operating metrics provide insight into the company’s cost management strategies and tax position over the reported periods. The fluctuations in tax figures might reflect changes in tax provisions or adjustments relevant to the company's operations.