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Parag Milk Foods Q2 FY27: revenue up 23.1% to ₹1,241 Cr, net profit down 7.9% to ₹42 Cr

Results · Finvezto · 4 Nov 2026 · Parag Milk Foods (PARAGMILK)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue1,241+31.4%+23.1%
Operating profit99+44.7%+38.6%
Net profit42+90.0%-7.9%
Operating margin8.0%+0.7 pp+0.9 pp
Net margin3.4%+1.0 pp-1.1 pp

Key points

  • For Q2 FY27, Parag Milk Foods reported consolidated revenue of Rs 1,241 crore (up 23% YoY), EBITDA of Rs 101 crore (up 37% YoY excluding last year one-off), and profit after tax of Rs 42 crore (down 8% YoY, up 42% excluding one-off). NSE filing
  • The board approved Rs 205 crore in capacity expansions for paneer and cheese, alongside the proposed amalgamation of wholly owned subsidiary Bhagyalaxmi Dairy Farms. NSE filing
  • Revenue was ₹1,241 Cr, up 23.1% on a year earlier and up 31.4% on the quarter before. Finvezto data

What to watch

  • Operating margin over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26): 6.7%, 6.3%, 7.2%, 8.0%.
  • Net profit over the last 4 quarters (Dec 25, Mar 26, Jun 26, Sep 26), ₹ Cr: 30, 32, 22, 42.

Links

NSE filing (PDF) · Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.