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Parag Milk Foods reports 21% rise in Q3 consolidated net profit

04 Feb 2019 Evaluate

Parag Milk Foods has reported results for third quarter ended December 31, 2018.

The company has reported a rise of 27.74% in its net profit at Rs 30.58 crore for the quarter under review as compared to Rs 23.94 crore for the same quarter in the previous year. Total income of the company increased by 15.06% at Rs 588.02 crore for Q3FY19 as compared Rs 511.06 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 20.64% in its net profit at Rs 30.74 crore for the quarter under review as compared to Rs 25.48 crore for the same quarter in the previous year. Total income of the company increased by 15.24% at Rs 601.29 crore for Q3FY19 as compared Rs 521.77 crore for the corresponding quarter previous year.

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