The revenue from operations has risen to Rs 851.52 crore in the recently concluded quarter from Rs 757.93 crore in Q1FY25
Parag Milk Foods, a Dairy- fast-moving consumer goods (FMCG) company, has seen a marginal uptick of 1 per cent in its consolidated net profit in the first quarter of the current financial year (Q1FY26) on a year-on-year (YoY) basis. The net profit rose to Rs 27.58 crore in Q1FY26 from Rs 27.30 crore in Q1FY25.
The financial results of the company revealed a 12 per cent surge in its revenue from operations, which rose to Rs 851.52 crore in the recently concluded quarter from Rs 757.93 crore in the corresponding period of the previous fiscal (Q1FY25). The company said that the business has delivered highest highest-ever quarter one revenue, witnessing volume growth of 5 per cent YoY, aided by healthy volume growth in its core categories.
The average milk prices during the Q1FY26 were at Rs 37 per litre, up 18 per cent YoY. The company handled an average of 16.5 lakh litre of milk per day during Q1, a 10 per cent uptick quarter-on-quarter (QoQ). Despite volatility in milk prices during the period, the company was able to pass on the commodity prices with earnings before interest, tax, depreciation and amortisation (EBITDA) growth of 6 per cent YoY.
“Q1FY26 has set a promising tone for PMFL as we begin the new financial year. Delivering our highest-ever first-quarter revenue reflects our strategic focus and disciplined execution. Our value-added product portfolio and purpose-led marketing are deepening consumer trust and supporting long-term value creation,” stated Devendra Shah, Chairman, PMFL.
Gross Profit Margins (GPM) during Q1FY26 stood at 27.4 per cent as against 27.5 per cent in Q1FY25. The company stated that pride of cows and Avvatar (new age business) continued its momentum and recorded 57 per cent value growth YoY.
