Parag Milk Foods Q2 FY27 Revenue ₹1,241 Cr, Up 23% YoY

Parag Milk Foods Limited announced its unaudited financial results for Q2 and H1 FY27. The company reported its highest-ever quarterly revenue of ₹1,241 Cr for Q2 FY27, a 23% increase year-on-year, driven by 12% volume growth. EBITDA grew 37% YoY to ₹101 Cr (excluding a one-off item from the previous year). The New Age Business segment, including Pride of Cows and Avvatar, saw significant growth of 71% YoY, contributing 12% to revenue. The Board also approved a scheme of amalgamation for Bhagyalaxmi Dairy Farms Private Limited with the company and significant capacity expansions for paneer and cheese, involving investments of approximately ₹100 Cr and ₹105 Cr, respectively.