Parag Milk Foods surges as Q2 adjusted PAT rises 42% YoY
Mumbai, Nov. 5 -- Reported profit after tax declined 8% to Rs 42 crore from Rs 45.65 crore a year earlier.
Sequentially, net profit increased 90.5% from Rs 22.05 crore in Q1 FY27.
Revenue from operations rose 23.1% year on year to Rs 1,240.89 crore in Q2 FY27 from Rs 1,007.95 crore. Sequentially, revenue increased 31.4% from Rs 944.57 crore in Q1 FY27. The company recorded volume growth of 12% during the quarter.
Gross profit increased 24% year on year to Rs 323 crore. Gross profit margin improved to 26% from 25.8% in Q2 FY26.
EBITDA, excluding the one-off gain in the year-ago period, increased 37.2% year on year to Rs 101 crore from Rs 73 crore. EBITDA margin expanded to 8.1% from 7.3%.
Profit before tax stood at Rs 55.17 crore in Q...
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