Parag Milk Foods Ltd approves Q2 FY27 results with ₹1,240.89 crore consolidated revenue and amalgamation of Bhagyalaxmi Dairy Farms
- Consolidated revenue rose 23.1% year on year and 31.4% quarter on quarter; net profit was ₹42.00 crore, down 8.0% year on year and up 90.5% quarter on quarter.
- The scheme amalgamates the wholly owned subsidiary with the company, subject to NCLT and other approvals; no consideration shares will be issued.
- Limited-review conclusions were unmodified; the consolidated review relied on management-certified, unreviewed statements for one subsidiary.