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Parag Milk Foods Ltd Q1FY24; 110% rise in Profits

Parag Milk Foods Ltd, founded in 1992 by Mr. Devendra Shah is involved in the development and promotion of 100% fresh cow’s milk and milk products under international brand names with a diverse portfolio in over 10 product categories.

Financial Results:

Parag Milk Foods Ltd reported Revenues for Q1FY24 of ₹750.00 Crores up from ₹691.00 Crore year on year, a rise of 8.54%.

Total Expenses for Q1FY24 of ₹741.00 Crores up from ₹708.00 Crores year on year, a rise of 4.66%.

Consolidated Net Profit of ₹21.00 Crores up 110.0% from ₹10.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹1.82, up 70.09% from ₹1.07 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

Tags: dairymilk
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