Parag Milk Foods Ltd reports Rs. 21.41 crores consolidated PAT in Q1 FY24

Parag Milk Foods Limited has reported Consolidated financial results for the period ended June 30, 2023.

Financial Results (Q1 FY2024) - QoQ Comparison

The company has reported total income of Rs. 755.723 crores during the period ended June 30, 2023 as compared to Rs. 810.065 crores during the period ended March 31, 2023.

The company has posted net profit / (loss) of Rs. 21.417 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs. 22.352 crores for the period ended March 31, 2023.

The company has reported EPS of Rs. 1.78 for the period ended June 30, 2023 as compared to Rs. 1.86 for the period ended March 31, 2023.

Financials	Q1 FY2024	Q4 FY2023	% Change
Total Income	₹ 755.723 crs	₹810.065 crs	-6.71%
Net Profit	₹21.417 crs	₹22.352 crs	-4.18%
EPS	₹1.78	₹1.86	-4.30%

Financial Results (Q1 FY2024) - YoY Comparison

The company has reported total income of Rs. 755.723 crores during the period ended June 30, 2023 as compared to Rs.722.129 crores during the period ended June 30, 2022.

The company has posted net profit / (loss) of Rs.21.417 crores for the period ended June 30, 2023 as against net profit / (loss) of Rs.10.246 crores for the period ended June 30, 2022.

The company has reported EPS of Rs.1.78 for the period ended June 30, 2023 as compared to Rs.1.07 for the period ended June 30, 2022.

Financials	Q1 FY2024	Q1 FY2023	% Change
Total Income	₹ 755.723 crs	₹722.129 crs	4.65%
Net Profit	₹21.417 crs	₹10.246 crs	109.03%
EPS	₹1.78	₹1.07	66.36%

Shares of Parag Milk Foods Limited was last trading in BSE at Rs. 177.95 as compared to the previous close of Rs. 179.50. The total number of shares traded during the day was 306234 in over 5608 trades.

The stock hit an intraday high of Rs. 185.50 and intraday low of 175.85. The net turnover during the day was Rs. 55353678.00.

Source : Equity Bulls

Keywords

ParagMilkFoods Q1FY24 ResultUpdate