Parag Milk Foods posts PAT of Rs 22 crore for Q1 FY27; clocks EBITDA margin of 7.4%
Mumbai, Aug. 7 -- The company has recorded an overall volume growth of 3% for the period under review. The modest growth was mainly due to lower volumes in Flagship categories while the New Age portfolio has demonstrated strong double-digit growth of 59%.
The Flagship categories, which comprised of ghee, cheese, paneer and dahi, contributed 61% of total revenue. Despite a 2% YoY decline in volumes, largely attributable to transient slowdown in specific channels in the current period, the Flagship categories delivered value growth of 10%.
The company's New Age Business, comprising Pride of Cows and Avvatar, continued its strong growth trajectory with revenue of Rs 118 crore, recording a robust 59% YoY growth. The segment contribution has...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.