Parag Milk Foods' Q2 FY 2025-26 Quarterly Results

Result Summary

• Parag Milk Foods Ltd reported a 19.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 16.8%.
• Its expenses for the quarter were up by 17.5% QoQ and 15.7% YoY.
• The net profit increased 65.5% QoQ and increased 56.3% YoY.
• The earnings per share (EPS) of Parag Milk Foods Ltd stood at 3.57 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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 leading player in the dairy industry, primarily engaged in the manufacture, processing, and sale of dairy products. The company offers a diverse range of products including milk, ghee, yogurt, paneer, cheese, and other dairy derivatives. Parag Milk Foods Ltd is known for its brands such as Gowardhan, Go, and Topp Up, which cater to various segments of the market. The company focuses on leveraging its expertise in dairy farming and processing to maintain a strong presence in the Indian market. As of the latest data available until October 2023, Parag Milk Foods Ltd has not reported any recent major developments impacting its operations.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Parag Milk Foods Ltd reported a total income of ₹1,025.98 crores. This reflects a quarter-over-quarter (QoQ) growth of 19.4% compared to ₹859.16 crores in Q1FY26. On a year-over-year (YoY) basis, the total income increased by 16.8% from ₹878.43 crores in Q2FY25. These figures underscore a positive trajectory in revenue generation over both the quarterly and annual periods. The increase in total income highlights the company's ability to enhance its revenue streams potentially through expanded market reach or product offerings.

Profitability

For Q2FY26, Parag Milk Foods Ltd recorded a Profit Before Tax (PBT) of ₹50.49 crores, marking a significant QoQ increase of 73.0% from ₹29.18 crores in Q1FY26. The YoY growth in PBT was 41.9% compared to ₹35.57 crores in Q2FY25. After accounting for taxes, the Profit After Tax (PAT) stood at ₹45.65 crores, which represents a 65.5% QoQ growth and a 56.3% YoY growth from the respective previous periods. The Earnings Per Share (EPS) for the quarter was ₹3.57, which increased by 63.0% QoQ and 52.6% YoY. These figures indicate a robust improvement in the company's profitability metrics over both the quarterly and annual timeframes.

Operating Metrics

Parag Milk Foods Ltd's total expenses for Q2FY26 were ₹975.49 crores, reflecting a 17.5% increase QoQ from ₹829.98 crores in Q1FY26, and a 15.7% increase YoY from ₹842.86 crores in Q2FY25. The tax expense for Q2FY26 was ₹4.84 crores, which saw a significant rise of 202.5% QoQ from ₹1.60 crores in Q1FY26. However, on a YoY basis, the tax expense decreased by 23.9% from ₹6.36 crores in Q2FY25. These operating metrics outline the company's expenditure trends and tax liabilities, providing insight into its financial management and operational efficiency over the given periods.