Parag Milk Foods is expecting a dip in revenue growth to up to 15 percent per annum over the next three years, and will focus on dairy FMCG products in this period.
The company’s revenue grew by 17 per cent in the last three years to reach Rs 1,730.70 crore in FY17 and is looking at a CAGR (compounded annual growth rate) of 13-15 per cent in the next three years. The company is India's largest private dairy with a milk processing capacity of 2 million litres per day.
Parag Milk Foods, established in 1992, is the largest private dairy FMCG Company with a pan-India presence.
