Parag Milk Foods: Profit after tax INR 27 Cr, growth of 27% YoY

 Parag Milk Foods: Profit after tax INR 27 Cr, growth of 27% YoY

  • Parag Milk Foods Limited, a leading manufacturer and marketer of dairy-based branded products in India
  • Profit after tax INR 27 Cr, growth of 27% YoY
  • EBITDA INR 61 Cr; margin of 8.1%; up by 160 bps YoY 
  • Flagship brand “Gowardhan Ghee” has witnessed 2% improvement in its market share, and now commands 22% market share in the Branded Cow Ghee segment; while the trusted “Go Cheese” brand enjoys a strong and steady market share of 35% in the Cheese market.
  • Improved Market share- As per the latest IMARC report 2024; the flagship brand Gowardhan Ghee commands an improved 22% market share in the branded cow ghee segment, while the brand “Go Cheese” sustained its 35% market share in the Cheese category
  • The company continues to strengthen its building blocks and is well poised to grow exponentially towards achieving INR 10,000 crore turnover target

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