Parag Milk Foods Limited reported earnings results for the second quarter and six months ended September 30, 2025. For the second quarter, the company reported sales was INR 10,079.5 million compared to INR 8,713.1 million a year ago. Revenue was INR 10,259.8 million compared to INR 8,876.1 million a year ago. Net income was INR 456.5 million compared to INR 292.1 million a year ago. Basic earnings per share from continuing operations was INR 3.83 compared to INR 2.45 a year ago. Diluted earnings per share from continuing operations was INR 3.57 compared to INR 2.34 a year ago.
For the six months, sales was INR 18,594.7 million compared to INR 16,292.4 million a year ago. Revenue was INR 18,851.4 million compared to INR 16,510.4 million a year ago. Net income was INR 732.3 million compared to INR 565.1 million a year ago. Basic earnings per share from continuing operations was INR 6.14 compared to INR 4.74 a year ago. Diluted earnings per share from continuing operations was INR 5.79 compared to INR 4.52 a year ago.
Parag Milk Foods Limited is an India-based dairy fast-moving consumer goods (FMCG) company. The Company is engaged in the business of procurement of cow milk mainly in western and southern region, undertakes processing of milk and manufacture of various value-added products namely cheese, butter, ghee, milk powder, flavored milk, lassi, curd, and others. Its brands include Gowardhan, under which it offers ghee, milk, paneer, dahi, curd, butter, dairy whitener and gulab jamun mix; Go, under which it offers products, such as fresh cream, UHT milk, go colo power, buttermilk and go lassi, cheese, milkshakes, and badam milk; Pride of Cows, under which premium quality milk is sold and Topp Up, which is a flavored milk with extra proteins that is available in six Indian flavors, namely elaichi, mango, rose, strawberry, pista, and butterscotch. Its manufacturing facilities are located at Maharashtra, Andhra Pradesh, and Haryana. Its subsidiary is Bhagyalaxmi Dairy Farms Private Limited.
