Parag Milk Foods reports strong half-year earnings growth

For the half-year ended September 30, 2025, Parag Milk Foods Limited reported an unaudited standalone revenue from operations of INR 1,811.67 Crores, marking an increase from INR 1,599.90 Crores in the previous year's corresponding period. Standalone profit after tax for the half-year stood at INR 88.05 Crores, up from INR 56.92 Crores. Basic earnings per equity share (face value of INR 10 each) for the half-year increased to INR 7.38 from INR 4.78.

On a consolidated basis, the company achieved a revenue from operations of INR 1,859.47 Crores for the half-year ended September 30, 2025, compared to INR 1,629.24 Crores in the same period last year. Consolidated profit after tax reached INR 73.23 Crores, an increase from INR 56.51 Crores. Consolidated basic earnings per equity share for the half-year were INR 6.14, up from INR 4.74.

The board of directors approved these unaudited financial results on November 11, 2025, following a review by the audit committee. The results include the conversion of 10,680 Foreign Currency Convertible Bonds (FCCB) of USD 1,000 each, leading to the allotment of 57,33,713 equity shares at a conversion price of INR 135 per share on September 29, 2025.