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Parag Milk Foods - Quaterly Results

18 May 2024 Evaluate
The revenue declined to Rs. 7760.80 millions for the quarter ended March 2024 as compared to Rs. 7959.30 millions during the corresponding quarter last year.Profit after Tax for the quarter ended March 2024 saw a decline of -52.11% from Rs. 278.85 millions to Rs. 133.54  millions.The Operating Profit of the company witnessed a decrease to 375.28 millions from 532.12 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 7760.80 7959.30 -2.49 30898.26 28532.00 8.29 30898.26 28532.00 8.29
Other Income 6.19 22.31 -72.25 87.55 351.62 -75.10 87.55 351.62 -75.10
PBIDT 375.28 532.12 -29.47 2073.71 1741.17 19.10 2073.71 1741.17 19.10
Interest 136.95 136.82 0.10 688.19 528.57 30.20 688.19 528.57 30.20
PBDT 238.33 395.30 -39.71 1385.52 1212.60 14.26 1385.52 1212.60 14.26
Depreciation 129.72 168.87 -23.18 557.05 540.73 3.02 557.05 540.73 3.02
PBT 108.61 226.43 -52.03 828.47 671.87 23.31 828.47 671.87 23.31
TAX -24.93 -52.42 -52.44 -90.88 -13.04 596.93 -90.88 -13.04 596.93
Deferred Tax -24.93 -52.42 -52.44 -90.88 -13.04 596.93 -90.88 -13.04 596.93
PAT 133.54 278.85 -52.11 919.35 684.91 34.23 919.35 684.91 34.23
Equity 1192.00 1172.00 1.71 1192.00 1172.00 1.71 1192.00 1172.00 1.71
PBIDTM(%) 4.84 6.69 -27.67 6.71 6.10 9.98 6.71 6.10 9.98
Peers
Company Name CMP
Nestle India 1321.05
Varun Beverages 440.65
Britannia Industries 4783.80
LT Foods 417.85
Hatsun Agro Product 1147.50
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