Image Source: Equity Bulls
Parag Milk Foods shares jumped 16% after posting a 56% YoY profit surge in Q2 FY26. Revenue rose to ₹1,007.9 crore, with strong growth in ghee, cheese, and paneer. Improved margins and reduced debt boosted investor confidence. Analysts expect continued strength in premium dairy categories.
Show more
Shares of Parag Milk Foods Ltd (PAMF.NS) soared 16% on November 12, extending gains for a second straight session after the dairy major posted robust Q2 FY26 results. The rally was driven by strong revenue growth, margin expansion, and upbeat investor sentiment.
Key highlights:
-
Revenue rose 15.7% YoY to ₹1,007.9 crore, up from ₹871.3 crore last year.
-
Net profit jumped 56.3% to ₹45.7 crore, signaling strong operational efficiency.
-
EBITDA grew 18% to ₹71.2 crore, with margins improving to 7.1% from 6.9%.
-
Gross margins expanded to 25.8%, driven by value growth in core categories like ghee, cheese, and paneer.
-
The company also reported 10% volume growth, with 23% value growth in its flagship dairy segments.
-
Parag Milk Foods reduced net debt by ₹125 crore and converted FCCBs into equity, strengthening its balance sheet.
Analysts view the results as a sign of resilience amid rising input costs and expect continued momentum in premium dairy products.
Sources: Businessworld, ScanX News
Stay Ahead – Explore Now!
Wired for Success: Quality Power Lands Mega High Voltage Order
Advertisement
Advertisement