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Parag Milk Foods reports around 3 fold jump in Q1 consolidated net profit

07 Aug 2018 Evaluate

Parag Milk Foods has reported results for first quarter ended June 30, 2018.

The company has reported around 3 fold jump in its net profit of Rs 26.50 crore for the quarter under review as compared to Rs 9.36 crore for the same quarter in the previous year. Total income of the company increased by 32.99% at Rs 539.26 crore for Q1FY19 as compared Rs 405.50 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported around 3 fold jump in its net profit of Rs 28.27 crore for the quarter under review as compared to Rs 10.53 crore for the same quarter in the previous year. Total income of the company increased by 33.01% at Rs 551.20 crore for Q1FY19 as compared Rs 414.42 crore for the corresponding quarter previous year.


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