India's Parag Milk jumps on Q4 profit growth

Parag Milk Foods

05/05/2025 06:21

** Parag Milk Foods PAMF.NS jumps as much as 9.24% to 198.84 rupees, highest since December 20, 2024

** Dairy products maker posts 31% y/y growth in Q4 profit after tax, highest-ever quarterly revenue of 9.18 bln rupees ($109 mln)

** Says business saw strong volume growth of 10% in FY25, helped by core categories, which includes ghee, cheese and paneer

** Notes financial position strengthened in FY25, with improved return ratios, lower net debt to equity and enhanced working capital efficiency

** About 3 mln shares traded, 3.4x the 30-day average

** PAMF down 3.3% YTD

($1 = 84.2250 Indian rupees)

 (Reporting by Bharath Rajeswaran in Bengaluru)

 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))