Parag Milk Foods Limited — Updates, 02-05-2025: Press Release

Parag Milk Foods has announced a board meeting to review the financial results for the quarter and half-year. The company posted record quarterly revenue of Rs. 918 Cr (16% YoY) and annual revenue of Rs. 3,432 Cr (9% YoY), driven by volume gains in Ghee, Cheese, and Paneer. EBITDA margin improved to 8.5%, with Q4 PAT surging 167% YoY. Strong brand momentum from Avvatar and Pride of Cows aided by expanded distribution and targeted marketing. Raised Rs. 161 Cr via preferential convertible warrants to support growth and reduce debt.