Parag Milk Foods has reported results for the fourth quarter and year ended March 31, 2019.
The company has reported a rise of 29.20% in its net profit at Rs 28.58 crore for the quarter ended March 31, 2019 as compared to Rs 22.12 crore for the same quarter in the previous year. Total income of the company increased by 29.43% at Rs 661.27 crore for quarter under review as compared to Rs 510.91 crore for the quarter ended March 31, 2018.
On consolidated basis, the company has reported rise of 19.66% in its net profit at Rs 31.29 crore for the quarter ended March 31, 2019 as compared to Rs 26.15 crore for the corresponding quarter in the FY18. Total consolidated income of the company rose 29.93% at Rs 678.49 crore for quarter under review as compared to Rs 522.18 crore for the same quarter ended previous year.
For the year ended March 31, 2019, the company has posted a rise of 45.32% in its net profit at Rs 114.05 crore as compared to Rs 78.48 crore for the previous year. Total income of company increased 22.17% at Rs 2,350.18 crore for year under review as compared to Rs 1,923.75 crore for year ended March 31, 2018.
For the year ended March 31, 2019, on the consolidated basis, the company has posted rise of 38.66% in its net profit at Rs 120.72 crore as compared to Rs 87.06 crore for the previous year. Total income of company increased by 22.53% at Rs 2,405.93 crore for year under review as compared to Rs 1,966.50 crore for year ended March 31, 2018.
