Parag Milk Foods Q3 Profit Up 6% to Rs 36 Cr
Parag Milk Foods reported a 5.59% increase in consolidated net profit for the third quarter of 2024-25, reaching Rs 36.07 crore on higher sales. Total income rose to Rs 890.75 crore.
Photograph: Kind courtesy superkiki/Pixabay
New Delhi, Jan 31 (PTI) Parag Milk Foods Ltd on Friday posted 5.59 per cent increase in consolidated net profit at Rs 36.07 crore for third quarter of 2024-25 on higher sales.
The company had logged a net profit of Rs 34.16 crore in the year-ago period.
Total income rose to Rs 890.75 crore from Rs 806.69 crore in the year-ago period. Expenses remained higher at Rs 853.09 crore as against Rs 773.93 crore.
Parag Milk Foods Chairman Devendra Shah said, "Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs."
The company is focused on strengthening the supply chain, expanding reach through new-age distribution channels, and driving product innovation to offer superior nutrition solutions, he said.
The company had logged a net profit of Rs 34.16 crore in the year-ago period.
Total income rose to Rs 890.75 crore from Rs 806.69 crore in the year-ago period. Expenses remained higher at Rs 853.09 crore as against Rs 773.93 crore.
Parag Milk Foods Chairman Devendra Shah said, "Our highest-ever delivery in Q3 leveraging strong festive demand is a testimonial to the increasing preference for premium dairy offerings and our ability to meet evolving consumer needs."
The company is focused on strengthening the supply chain, expanding reach through new-age distribution channels, and driving product innovation to offer superior nutrition solutions, he said.
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