Parag Milk Foods comes up with impressive quarter

DSIJ Intelligence / 06 Nov 2017

Parag Milk Foods comes up with impressive quarter

Total sales for this quarter, Q2FY18, came in at Rs. 504.5 crore. This represents a 22.2 per cent sequential increase and 6.7 per cent YoY increase.

Parag Milk Foods reported its results for the quarter ended September 30, 2017 market hours on Monday.

Total sales for this quarter, Q2FY18, came in at Rs. 504.5 crore. This represents a 22.2 per cent sequential increase and 6.7 per cent YoY increase.

Operating profit (EBIT) for the recently concluded quarter amounted to Rs. 50 crore and the EBIT margin stood at 9.91 per cent.

In terms of the bottom-line, the company reported a PAT figure of Rs. 25 crore which represents a sequential QoQ increase of 138.1 per cent and a YoY increase of 95.31 per cent.

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