Parag Milk Foods Ltd approves Q2 FY27 results, with consolidated revenue of ₹1,240.89 crore and net profit of ₹42 crore
- Revenue rose 23.1% year on year and 31.4% sequentially; net profit fell 8.0% year on year but increased 90.5% sequentially.
- Board approved the proposed amalgamation of wholly owned subsidiary Bhagyalaxmi Dairy Farms with Parag Milk Foods, subject to required approvals, including NCLT approval.
- Auditors issued an unmodified limited-review conclusion; one subsidiary’s financial statements were unaudited and not reviewed.