Parag Milk Foods Limited — Board Meeting, 02-05-2025: Outcome of Board Meeting

Parag Milk Foods has announced a board meeting on May 2, 2025, approving consolidated financial results for the quarter and year ended March 31, 2025. Revenue grew to ₹3,432 Cr from ₹3,139 Cr last year, while profit after tax slipped to ₹24.67 Cr from ₹90.14 Cr. A final dividend of ₹1 per share is proposed. The board appointed Ms. Namrata Garud as Independent Director and Mr. Ankit Jain as Chief Strategy Officer. Reappointments of key executives including the Executive Chairman and Managing Director were approved, subject to shareholder approval. Auditors are set for reappointment.