Parag Milk Foods Q2 Results FY27 Preview: Results Date, Expectations and the Numbers That Will Decide the September 2026 Quarter
- September 10, 2026
- Posted by: Harsh Piplani
- Category: Results
Parag Milk Foods share price Rs 256.60 on 10 September 2026, up 1.18%. Q2 FY27 results date not confirmed. Q1 FY27 net profit Rs 22.00 crore. Q2 FY26 base a profit of Rs 46.00 crore.
Quick Answer
The Parag Milk Foods Q2 results date for FY27 is not confirmed, and Parag Milk Foods Ltd. had not filed a board meeting intimation with the NSE or BSE as of 10 September 2026. Indian listing rules require the September 2026 quarter results to be published within 45 days of the quarter end, an outer deadline of 14 November 2026. The quarter will be measured against a September 2025 base of Rs 1,008.00 crore in revenue and a profit of Rs 46.00 crore. This preview uses reported actuals only and carries no estimated revenue or profit figure for the coming quarter.
The Parag Milk Foods Q2 results FY27 announcement is the next scheduled earnings event for Parag Milk Foods Ltd., a dairy company making cheese, ghee, paneer, curd, whey proteins and fresh milk products sold under its own consumer brands. The stock traded at Rs 256.60 on the NSE on 10 September 2026, up 1.18% from the previous close of Rs 253.60, about 31.9% below its 52-week high of Rs 376.95 and 44.3% above its 52-week low of Rs 177.84.
What makes the Parag Milk Foods Q2 results print worth watching is the base it faces. The September 2025 quarter delivered Rs 1,008.00 crore of revenue and a profit of Rs 46.00 crore, while the most recent quarter on record, Q1 FY27, produced Rs 945.00 crore and a profit of Rs 22.00 crore. Everything below is built from those reported figures rather than from any forecast.
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When Is the Parag Milk Foods Q2 Results FY27 Date?
The Parag Milk Foods Q2 results date for FY27 is not confirmed. As of 10 September 2026, Parag Milk Foods Ltd. had not filed a board meeting intimation with the NSE or BSE for the September 2026 quarter, so any date circulating before that filing appears should be treated as unverified.
What can be stated is the regulatory boundary. Listed companies in India must publish quarterly results within 45 days of the end of the quarter, which places the outer deadline for the September 2026 quarter at 14 November 2026. Companies also have to give the exchanges prior intimation of the board meeting that approves the results, so the Parag Milk Foods Q2 results date becomes public through that filing rather than through any advance announcement.
The Parag Milk Foods Q2 results FY27 print covers 1 July 2026 to 30 September 2026. Small and mid-cap companies more often report in the second half of that window than in the first, so late October or early November is the range to watch for Parag Milk Foods.
Parag Milk Foods Q2 Results Expectations: What the Market Is Actually Tracking
No verified analyst estimate for the Parag Milk Foods Q2 results FY27 quarter is in the public domain, so no revenue or profit figure should be assumed for Parag Milk Foods. The Parag Milk Foods Q2 results watchlist below is built from what the company has actually reported and disclosed.
The first is revenue, where September 2025 brought Rs 1,008 crore against Rs 945 crore in Q1 FY27, so the base sits above the last reported quarter. The five quarters ran between Rs 852 crore and Rs 1,013 crore.
The second is the operating margin, which was 7% in both September 2025 and Q1 FY27 and never left a 6% to 7% band across the period. Operating profit was Rs 71 crore in the base quarter against Rs 68 crore in the most recent one.
The third is that the profit decline is a tax effect rather than an operating one. Pre-tax profit was Rs 29 crore in both June 2025 and Q1 FY27, but the tax rate rose from 5% to 25% over that year, which is why net profit fell from Rs 28 crore to Rs 22 crore.
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Parag Milk Foods Q2 Results Preview: The Q1 FY27 Actuals It Builds On
Parag Milk Foods Ltd. reported revenue of Rs 945.00 crore in Q1 FY27, up 10.92% from Rs 852.00 crore in Q1 FY26, and a profit of Rs 22.00 crore at the net level, down 21.43% from Rs 28.00 crore in Q1 FY26. These are reported actuals, not estimates.
Sequentially, revenue was up 0.00% over the March 2026 quarter figure of Rs 945.00 crore, and net profit was down 31.25% from Rs 32.00 crore in Q4 FY26. Operating margin stood at 7% in Q1 FY27 against 7% in the September 2025 quarter, which is the comparison the Parag Milk Foods Q2 results print will be read against.
Q2 FY26 Base: The Comparison Parag Milk Foods Q2 Results FY27 Must Beat
Parag Milk Foods Ltd. reported revenue of Rs 1,008.00 crore and a profit of Rs 46.00 crore in Q2 FY26, the September 2025 quarter. That is the year-ago base against which the September 2026 numbers will be judged, and it is the single most useful figure in this Parag Milk Foods Q2 results preview.
Net profit in that base quarter was above the Rs 22.00 crore just reported for Q1 FY27, so the year-on-year comparison starts from a demanding level. Revenue of Rs 1,008.00 crore sits above the Rs 945.00 crore of the June 2026 quarter, which frames how much sequential movement the Parag Milk Foods Q2 results print needs to show growth.
Parag Milk Foods Quarterly Results Trend Over the Last Four Quarters
| Quarter | Revenue (Rs Cr) | Net Profit (Rs Cr) |
|---|---|---|
| Q2 FY26 (Sep 2025) | 1,008.00 | 46.00 |
| Q3 FY26 (Dec 2025) | 1,013.00 | 30.00 |
| Q4 FY26 (Mar 2026) | 945.00 | 32.00 |
| Q1 FY27 (Jun 2026) | 945.00 | 22.00 |
Figures in brackets denote negative numbers. All four quarters above are reported actuals taken from the company’s exchange filings, and they are the only basis this Parag Milk Foods Q2 results preview uses.
Revenue across those four quarters ranged from Rs 945.00 crore to Rs 1,013.00 crore, and net profit from Rs 22.00 crore to Rs 46.00 crore. That spread is the honest context for the Parag Milk Foods Q2 results FY27 print, and it is why a single quarter should not be read as a trend on its own.
Key Factors That Could Shape Parag Milk Foods Q2 Results FY27
The Parag Milk Foods Q2 results outcome will turn on a small number of company-specific variables rather than on broad market conditions. The three below are the ones visible in what Parag Milk Foods has already reported.
Procurement Price Against Value-Added Mix
The gap between what raw milk costs at the village and what cheese, ghee and whey fetch on the shelf is the whole margin. Flush and lean season procurement prices move on their own calendar, independent of consumer demand.
The Tax Rate Is Still Normalising
Effective rates ran 5%, 10%, 9%, 20% and 25% across the five quarters. Anyone comparing this year’s September net profit against last year’s should work from the pre-tax line, because the tax charge has changed more than the business has.
Other Income Is Lumpy
Other income was Rs 18 crore in September 2025 and Rs 19 crore in March 2026 against Rs 1 crore to Rs 8 crore in the other three quarters, contributing roughly a third of pre-tax profit in those two. Equity capital also rose from Rs 119 crore to Rs 125 crore over the year.
Parag Milk Foods Q2 Results FY27: Share Price and Valuation Going Into the Print
Parag Milk Foods share price today is Rs 256.60 on the NSE, up Rs 3.00 or 1.18% from the previous close of Rs 253.60 on 10 September 2026, ahead of the Parag Milk Foods Q2 results announcement.
| Metric | Value (10 September 2026) |
|---|---|
| NSE Symbol | PARAGMILK |
| Current Market Price | Rs 256.60 |
| 52-Week High | Rs 376.95 |
| 52-Week Low | Rs 177.84 |
| Market Capitalisation | Rs 3,226 crore |
| PE Ratio | 23.94 |
| PB Ratio | 2.54 |
| EPS (TTM) | Rs 10.72 |
| Book Value per Share | Rs 101.00 |
| Debt to Equity | 0.48 |
| Return on Equity | 12.30% |
| 50-Day Moving Average | Rs 229.48 |
| 200-Day Moving Average | Rs 239.42 |
| RSI (14) | 70.45 |
The stock trades above both its 50-day average of Rs 229.48 and its 200-day average of Rs 239.42, with a 14-day RSI of 70.45. None of this is a view on where the shares go once the Parag Milk Foods Q2 results are announced, and no price target is offered here.
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What Investors Should Watch When Parag Milk Foods Q2 Results Are Announced
Four lines carry most of the information in a company of this size, and reading them in order keeps the Parag Milk Foods Q2 results print in proportion.
- Revenue against the Rs 1,008.00 crore reported in the September 2025 base quarter
- Net profit against a profit of Rs 46.00 crore in that same quarter
- Operating margin against 7% in Q1 FY27
- Any exceptional item, provision or one-off gain disclosed alongside the numbers
A one-off gain or provision can move the reported profit far more than operations do in a company this size, which is why the Parag Milk Foods Q2 results announcement should be read together with the notes to the results rather than the headline alone.
Conclusion on Parag Milk Foods Q2 Results FY27
The Parag Milk Foods Q2 results date is not confirmed, and 14 November 2026 is the statutory outer limit rather than an expected date. Parag Milk Foods Ltd. will make the schedule public through a board meeting intimation to the exchanges, and until then the September 2026 quarter can only be framed by what has already been reported.
On that basis the Parag Milk Foods Q2 results FY27 print faces a base of Rs 1,008.00 crore in revenue and a profit of Rs 46.00 crore, with the most recent quarter having delivered Rs 945.00 crore and a profit of Rs 22.00 crore. No numerical estimate appears in this preview because no verified consensus figure exists for Parag Milk Foods, and readers should treat any preview that supplies one with caution. Verify every figure against the company filing on release and consult a SEBI-registered advisor before acting on quarterly earnings.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
FAQs on Parag Milk Foods Q2 Results FY27
What is the Parag Milk Foods Q2 results date for FY27?
Ans. The Parag Milk Foods Q2 results date for FY27 is not confirmed. Parag Milk Foods Ltd. had not filed a board meeting intimation with the NSE or BSE as of 10 September 2026. Indian listing rules require the September 2026 quarter results to be published by 14 November 2026 at the latest.
What quarter do the Parag Milk Foods Q2 results 2026 cover?
Ans. The Parag Milk Foods Q2 results FY27 cover 1 July 2026 to 30 September 2026, known as the September 2026 quarter. Parag Milk Foods Ltd. reports revenue, operating profit and net profit for that period, and the Parag Milk Foods Q2 results filing also carries the notes to the accounts.
What were the Parag Milk Foods Q1 FY27 results?
Ans. Parag Milk Foods Ltd. reported revenue of Rs 945.00 crore in Q1 FY27 and a profit of Rs 22.00 crore at the net level. Revenue was up 10.92% versus Q1 FY26 and net profit was down 21.43% from Rs 28.00 crore in Q1 FY26.
What were Parag Milk Foods Q2 FY26 results in the September 2025 quarter?
Ans. Parag Milk Foods Ltd. reported revenue of Rs 1,008.00 crore and a profit of Rs 46.00 crore in Q2 FY26. Operating margin was 7%. Those figures form the base for the Parag Milk Foods Q2 results FY27 comparison.
What are the main Parag Milk Foods Q2 results expectations this quarter?
Ans. No verified analyst estimate is publicly available. The Parag Milk Foods Q2 results expectations centre on revenue against the Rs 1,008.00 crore base, net profit against a profit of Rs 46.00 crore, operating margin against 7% in Q1 FY27, and any exceptional item disclosed with the numbers.
What is Parag Milk Foods share price today ahead of the Q2 earnings?
Ans. Parag Milk Foods share price is Rs 256.60 on the NSE as of 10 September 2026, up 1.18% from Rs 253.60. The stock is about 31.9% below its 52-week high of Rs 376.95 and 44.3% above its 52-week low of Rs 177.84, at a market capitalisation of Rs 3,226 crore.
Is Parag Milk Foods a good stock to buy before the Q2 results?
Ans. This article does not offer a buy, sell or hold recommendation on Parag Milk Foods Ltd. The stock trades at a price-to-book ratio of 2.54 with a return on equity of 12.30%. Assess the reported numbers when they are released and consult a SEBI-registered financial advisor before making any decision.
