Parag Milk Foods Q1 Profit Falls 20% Amid Cost Pressure
Parag Milk Foods reported a 20% year-on-year decline in consolidated net profit to ₹22 crore in Q1 FY27, even as revenue increased 11% to ₹945 crore compared with Q1 FY26. Overall volumes grew 3%, with lower volumes in flagship categories partly offset by strong growth in the company’s New Age portfolio. The company’s flagship categories—ghee,…