EBITDA improved by 24.8% to Rs 76.3 crore in the second quarter from Rs 61.1 crore recorded in the same period last year. EBITDA margin was 8.8% in Q2 FY25 as against 7.7% in Q2 FY24. Profit before tax in Q2 FY25 stood at Rs 35.6 crore, up by 45.8% from Rs 24.4 crore in Q2 FY24. Parag Milk stated that the business has witnessed a strong double digit volume growth of 11% YoY aided by healthy volume growth in its core categories. The Core categories, mainly Ghee, Cheese and Paneer have witnessed volume growth of 17% for Q2FY25 and 18% for H1FY25. As per the latest IMARC report 2024; the flagship brand Gowardhan Ghee commands an improved 22% market share in the branded cow ghee segment, while the brand 'Go Cheese' sustained its 35% market share in the Cheese category. The average milk prices during Q2 FY25 were at Rs 33 per litre (down 8% YoY), and H1 FY25 milk prices were at Rs 32 per litre (down 13% YoY) while the company handled approximately 15 lakh liters of milk per day. Devendra Shah, chairman of Parag Milk Foods, said: 'As we continue to expand Parag Milk Foods' reach and impact, our focus remains steadfast on delivering top quality, innovative products that cater to evolving consumer needs. We are happy to announce that this quarter, we have achieved our highest ever sales, reaching Rs 871 crore in revenue. Our recent launch of Gowardhan sweets reinforces our commitment to purity. Made with Gowardhan Ghee and cow milk it offers an authentic and wholesome choice in a market increasingly plagued by adulteration concerns. Gowardhan Ghee continues to be a market leader with 22% share in the branded cow ghee segment. Newer business segments, Avvatar and Pride of Cows, are also gaining strong traction. With a robust pipeline for new product developments, I am confident that our deep-rooted commitment to provide customer centric products will propel us towards our ambitious INR 10,000 crore target and beyond.' Parag Milk Foods is the largest private dairy FMCG Company with a pan-India presence. The company's manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana. Powered by Capital Market - Live

Net profit of Parag Milk Foods rose 15.96% to Rs 29.21 crore in the quarter ended September 2024 as against Rs 25.19 crore during the previous quarter ended September 2023. Sales rose 9.16% to Rs 871.31 crore in the quarter ended September 2024 as against Rs 798.16 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales871.31798.16 9 OPM %7.946.96 - PBDT53.6939.87 35 PBT35.5724.39 46 NP29.2125.19 16 Powered by Capital Market - Live

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 11 November 2024Powered by Capital Market - Live

Parag Milk Foods announced that the Annual General Meeting (AGM) of the company will be held on 11 September 2024.Powered by Capital Market - Live

Parag Milk Foods announced that the Annual General Meeting (AGM) of the company will be held on 11 September 2024.Powered by Capital Market - Live

The company said that its business has witnessed strong double digit volume growth of 10% YoY aided by healthy volume growth in its core categories. The Ghee, Cheese and the New age businesses have witnessed volume growth of 15%, 12% and 51%YoY respectively. As per the latest IMARC report 2024; the flagship brand Gowardhan Ghee commands an improved 22% market share in the branded cow ghee segment, while the brand 'Go Cheese' sustained its 35% market share in the Cheese category. The average milk prices during Q1 FY25 were at Rs 31 per litre; down 16% YoY, while the company handled nearly 15.5 lac liters of milk per day. Gross Profit Margin (GPM) expanded by 550 basis points YoY during Q1 FY25 to 26.9% as against 21.4% in Q1FY24, led by benign milk prices and improved value-added product mix. EBITDA improved by 27% in the first quarter to Rs 61 crore from Rs 48 crore recorded in the same period last year. EBITDA margin in Q1 FY25 was 8.1% as against 6.5% in Q1 FY24. Profit before tax in Q1 FY25 stood at Rs 27 crore, up by 77% from Rs 15 crore posted in Q1 FY24. Devendra Shah, chairman of Parag Milk Foods, said: 'I am elated to share that, we have delivered double digit volume growth across our Core Categories during the quarter, reflecting our brand strength and enhanced consumer reach. The company focuses on product innovation leveraging its strong R&D capabilities. The foray into the traditional sweets category with brand 'Gowardhan' is being well received and is expected to witness a full launch during the festivities. The company continues to strengthen its building blocks and is well poised to grow exponentially towards achieving Rs 10,000 crore turnover target. Parag Milk Foods is a leading manufacturer and marketer of dairy-based branded products in India. The company's manufacturing facilities are located at Manchar in Maharashtra, Palamaner in Andhra Pradesh, and Sonipat in Haryana. The scrip shed 0.34% to currently trade at Rs 204.05 on the BSE. Powered by Capital Market - Live

Net profit of Parag Milk Foods rose 27.51% to Rs 27.30 crore in the quarter ended June 2024 as against Rs 21.41 crore during the previous quarter ended June 2023. Sales rose 1.11% to Rs 757.93 crore in the quarter ended June 2024 as against Rs 749.59 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales757.93749.59 1 OPM %7.365.38 - PBDT42.4529.94 42 PBT26.8115.17 77 NP27.3021.41 28 Powered by Capital Market - Live