Parag Milk Foods Q2 Profit Surges 56% to ₹45.65 Crore
Parag Milk Foods has reported impressive second-quarter results with a 56.28% jump in consolidated net profit to ₹45.65 crore, driven by strong sales growth. The company’s total income climbed 15.58% to ₹1,025.98 crore during July-September 2025, compared to ₹887.61 crore in the same period last year.
Key Financial Highlights
- Net Profit: ₹45.65 crore (up 56.28% year-on-year)
- Total Income: ₹1,025.98 crore (up 15.58%)
- Expenses: ₹975.49 crore (up from ₹852.04 crore)
- Previous Year Profit: ₹29.21 crore in Q2 FY2024
The positive earnings report triggered strong market response, with shares of Parag Milk Foods trading 12.9% higher at ₹354.55 apiece on the NSE as of 1:25 pm on Wednesday.
Business Operations and Recent Developments
The Pune-based dairy company markets milk and dairy products under popular brands including Gowardhan, Go, and Pride of Cows. The company established a subsidiary in Dubai during the 2024-25 fiscal year, though operations have not yet commenced.
In April 2025, Parag Milk Foods implemented a ₹2 per litre price increase for fresh milk across all Indian markets. This move followed Mother Dairy’s announcement of a similar ₹2 price hike effective April 30. The price adjustments affected the broader dairy market, with Amul’s Taaza variant rising to ₹57 from ₹55, Amul Gold reaching ₹69 per litre, and buffalo milk priced at ₹75 per litre.
