Parag Milk Foods Bets ₹105 Crore on Cheese Growth
Parag Milk Foods has approved an investment of ₹105 crore to double its cheese manufacturing capacity from 60 metric tonnes per day (MT/day) to 120 MT/day, with the expansion expected to be completed by FY28. The investment will be funded through a mix of internal accruals and debt and is aimed at meeting rising demand…
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,…
Parag Scales Avvatar Amid Global Whey Crunch
Parag Milk Foods is accelerating the expansion of its sports nutrition brand Avvatar despite ongoing global whey supply constraints, as the company strengthens its position in India’s fast-growing high-protein nutrition market. According to BestMediaInfo, Avvatar has evolved from a digital-first brand into a comprehensive omnichannel business, expanding beyond e-commerce into gyms, nutrition stores, modern retail…
Parag Milk Foods Q4 Profit Jumps 23%
Parag Milk Foods reported a strong Q4FY26 performance with consolidated net profit rising 23.31% to ₹40.14 crore, driven by higher sales across key categories. The company had posted a profit of ₹32.55 crore in the corresponding quarter last year. Total income for the January–March 2026 quarter increased to ₹945.34 crore from ₹918.25 crore a year ago….