Copyright businessworld
Shares of Parag Milk Foods soared as much as 16 per cent on Wednesday, 12 November, extending gains for a second straight session after the dairy company reported robust quarterly results driven by strong revenue growth and improved profitability.For the quarter ended September 2025, revenue rose 15.7 per cent year-on-year to Rs 1,007.9 crore, compared with Rs 871.3 crore in the same period last year. Net profit jumped 56.3 per cent to Rs 45.7 crore, while EBITDA increased 18 per cent to Rs 71.2 crore from Rs 60.4 crore a year earlier. EBITDA margins improved slightly to 7.1 per cent from 6.9 per cent, and gross margins expanded to 25.8 per cent from 23.6 per cent.The company achieved 10 per cent year-on-year volume growth, supported by strong performance in its core categories of ghee, cheese, and paneer, which delivered 23 per cent value growth and 14 per cent volume growth. Core categories accounted for 59 per cent of total revenue.Premium brands such as Pride of Cows and Avvatar contributed 9 per cent to overall sales, while new-age business revenue surged 79 per cent year-on-year, underscoring growing demand for value-added and premium dairy products.Parag Milk Foods shares were trading 13.5 per cent higher at Rs 356.95 on the BSE in the afternoon session. The stock has now gained 90 per cent so far in 2025.
