India's Parag Milk Foods falls on mixed Q1 results

Parag Milk Foods

23/07/2025 05:38

** Parag Milk Foods PAMF.NS falls 1% to 240 rupees; set for a third session of declines

** Stock fell 4.1% on Tuesday on June-quarter results

** Co posts mixed Q1 results; revenue rises 12% y/y but down 7% q/q

** Investec says EBITDA, PAT missed estimates by 18% and 10%, respectively

** Adds EBITDA margin drops 60 bps y/y, falling short of its 8.5% estimate due to other higher expenses

** YTD, PAMF gains 27%

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))