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Parag Milk Foods Ltd. ( (IN:PARAGMILK) ) has issued an announcement.
Parag Milk Foods Limited reported its highest-ever quarterly and annual revenues for the quarter and year ending March 31, 2025, with significant growth in both volume and value. The company achieved a 16% year-on-year increase in quarterly revenue and a 9% increase in annual revenue, driven by robust volume growth in its core categories. Despite volatility in raw material prices, the company improved its gross profit margins and profitability, with notable growth in its new age businesses like Brand Avvatar and the premium dairy business Pride of Cows. These results underscore Parag Milk Foods’ strong market positioning and ability to navigate challenging market conditions.
More about Parag Milk Foods Ltd.
Parag Milk Foods Limited is a leading manufacturer and marketer of dairy-based branded products in India. The company focuses on core categories such as Ghee, Cheese, and Paneer, and holds significant market shares with its flagship brands Gowardhan Ghee and Go Cheese.
YTD Price Performance: -4.59%
Average Trading Volume: 54,213
Current Market Cap: 21.41B INR
For a thorough assessment of PARAGMILK stock, go to TipRanks’ Stock Analysis page.
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