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Parag Milk Foods' revenue increased 14.7% YoY
  • 05 Feb 2026
  • Parag Milk Foods Ltd reported a 0.4% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 14.7%.
  • Its expenses for the quarter were up by 0.8% QoQ and 15.3% YoY.
  • The net profit decreased 35.2% QoQ and decreased 18.0% YoY.
  • The earnings per share (EPS) of Parag Milk Foods Ltd stood at 2.29 during Q3 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

Parag Milk Foods Ltd is a prominent player in the dairy industry, primarily involved in the production and sale of a wide range of dairy products. The company's portfolio includes milk, cheese, butter, ghee, curd, and other milk-based products. It operates within the fast-moving consumer goods (FMCG) sector and caters to a diverse customer base, both domestically and internationally. As of the latest data, there are no specific recent major developments available for Parag Milk Foods Ltd. The company has a market presence that leverages its brand reputation and comprehensive distribution network to maintain its position in the competitive dairy market.

For the third quarter of the financial year 2026 (Q3FY26), Parag Milk Foods Ltd reported a total income of ₹1021.62 crores. This figure represents a slight decline of 0.4% compared to the previous quarter (Q2FY26), where the total income stood at ₹1025.98 crores. However, when compared to the same quarter in the previous year (Q3FY25), the total income has increased by 14.7%, from ₹890.75 crores. This year-over-year growth indicates a positive trajectory in revenue generation over the past year, reflecting the company's ability to increase its sales volume or achieve better pricing for its products.

The profitability metrics for Parag Milk Foods Ltd in Q3FY26 show a decrease in performance compared to both the previous quarter and the same quarter of the previous year. Profit Before Tax (PBT) for Q3FY26 was ₹32.57 crores, which is a decline of 35.5% from ₹50.49 crores in Q2FY26 and a decrease of 13.5% compared to ₹37.66 crores in Q3FY25. Profit After Tax (PAT) for Q3FY26 is ₹29.57 crores, marking a reduction of 35.2% from the previous quarter's ₹45.65 crores and an 18.0% decrease from the previous year's ₹36.07 crores. Earnings Per Share (EPS) in Q3FY26 was ₹2.29, down 35.9% from Q2FY26 and 20.8% compared to Q3FY25. These figures suggest a challenge in maintaining profit margins amidst changing market conditions.

Examining the operating metrics, the total expenses for Q3FY26 were reported at ₹983.33 crores. This shows an increase of 0.8% from Q2FY26, where total expenses were ₹975.49 crores, and a 15.3% increase from Q3FY25, which recorded expenses of ₹853.09 crores. The tax expense for Q3FY26 was ₹3.00 crores, a decrease of 38.0% from ₹4.84 crores in the previous quarter, but an increase of 88.7% compared to the ₹1.59 crores tax expense in Q3FY25. These operating figures highlight the company's cost management strategies and tax implications within the reporting period.