Parag Milk Foods Q2 Results FY27: Revenue Jumps 23.11% YoY, Revenue Rs 1,240.89 Cr, PAT Rs 42 Cr
- November 4, 2026
- Posted by: Harsh Piplani
- Category: Results
Quick Answer
Parag Milk Foods Q2 Results FY27 were declared on 3 November 2026 and cover July to September 2026 on a Consolidated basis. Revenue rose 23.11% YoY to Rs 1,240.89 Cr from Rs 1,007.95 Cr. Net profit fell 8% to Rs 42 Cr from Rs 45.65 Cr. These quarterly results therefore show strong YoY growth in sales with a slightly lower profit.
Parag Milk Foods Ltd (PARAGMILK) Q2 Results FY27 announced on 3 November 2026, covering the company’s financial performance for the July to September quarter. On the results date the company filed revenue of Rs 1,240.89 Cr and PAT of Rs 42 Cr. Parag Milk Foods Q2 Results FY27 come with an Operating Profit of Rs 98.71 Cr, so the consolidated results move in different directions across the three lines.
This Parag Milk Foods Q2 Results results analysis covers the financial highlights, the business factors, the outlook and the risks, using the figures Univest compiled for the dairy company listed on NSE and BSE. The results analysis starts from the Financial Highlights table that follows this introduction.
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Parag Milk Foods Q2 Results FY27: Financial Highlights
| Metric | Q2 FY27 (Sep 26) | Q2 FY26 (Sep 25) | YoY Change |
|---|---|---|---|
| Revenue | Rs 1240.89 Cr | Rs 1007.95 Cr | +23.11% YoY |
| Operating Profit | Rs 98.71 Cr | Rs 71.24 Cr | +38.56% YoY |
| Net Profit (PAT) | Rs 42 Cr | Rs 45.65 Cr | -8% YoY |
Source: company filing for Parag Milk Foods Q2 Results FY27, 3 November 2026. Figures in Rs Crore, Consolidated basis.
Key Takeaways from Parag Milk Foods Q2 Results: What Stands Out
- Revenue of Rs 1,240.89 Cr was 23.11% above the Rs 1,007.95 Cr recorded a year earlier, the largest percentage move among the three lines.
- Operating Profit of Rs 98.71 Cr grew 38.56% YoY from Rs 71.24 Cr, outpacing revenue by a wide margin over the same period.
- Net profit of Rs 42 Cr was 8% lower than the Rs 45.65 Cr of the year-earlier quarter, so profit did not follow sales upward.
- Quarter on quarter, net profit was up 90.5% from Rs 22.05 Cr, a comparison that adds a second reference point to the YoY growth reading.
- The performance analysis of Parag Milk Foods Q2 Results FY27 now sets these four movements side by side.
Parag Milk Foods Q2 Results FY27: Performance Analysis
Parag Milk Foods booked revenue of Rs 1,240.89 Cr for July to September 2026, up 23.11% from Rs 1,007.95 Cr, while Operating Profit rose 38.56% to Rs 98.71 Cr. Net profit of Rs 42 Cr, however, stood 8% below its year-earlier level of Rs 45.65 Cr.
Revenue added Rs 232.94 Cr over the base quarter and Operating Profit added Rs 27.47 Cr, yet net profit shrank by Rs 3.65 Cr. That gap between the two upper lines and the bottom line is the central point of this results analysis of Parag Milk Foods Q2 Results FY27, and the Financial Highlights table lets readers confirm each value against both quarters.
Followers of Parag Milk Foods Q2 Results will want to know how the sequential figures fit the picture. Revenue was Rs 944.57 Cr in the preceding quarter and net profit was Rs 22.05 Cr, so the latest quarterly results are well above that level. The supplied data confirms what changed but not why, so attention turns to the business factors disclosed.
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Key Business Factors This Quarter
Revenue Growth Year on Year – The business factors behind Parag Milk Foods Q2 Results FY27 start with revenue, which grew 23.1% year on year to Rs 1,240.89 Cr in the latest quarter and provided the larger sales base for every profit line.
Sequential Revenue Gain – Revenue was up 31.4% quarter on quarter from Rs 944.57 Cr, which means the latest quarter’s sales stood well above the quarter immediately before it, in addition to the gain over the year-earlier period.
Sequential Net Profit Gain – Net profit was up 90.5% quarter on quarter from Rs 22.05 Cr. The sequential rise offsets the YoY dip seen in the bottom line, giving the quarterly results a different look depending on the comparison chosen.
FY27 Outlook After Parag Milk Foods Q2 Results
No management guidance or sector commentary is attached to the filing, so the FY27 view rests on the quarters that remain to be reported. The results analysis therefore treats the Rs 42 Cr net profit as one reading, to be tested against later disclosures.
The five-quarter range of net profit, from Rs 22.05 Cr to Rs 45.65 Cr, shows how far one quarter can sit from another. Parag Milk Foods Q2 Results FY27 will be judged against that range, and full-year FY27 results will depend on how the coming quarters compare. The fall in net profit is the first of the risks examined next.
Key Risks to Watch After Parag Milk Foods Q2 Results FY27
Lower Net Profit Year on Year
Net profit fell 8.0% year on year to Rs 42.00 Cr. Sales rose strongly over the same period, so the lower bottom line is the clearest pressure point in the filing.
Narrower Net Profit Margin
Net profit margin narrowed to 3.4% from 4.5% in the comparison quarter. After the quarterly results, readers can watch whether YoY growth in revenue starts to lift this margin again.
High Debt Level
Debt is high at 0.45 times total assets in FY26. With Parag Milk Foods Q2 Results FY27 showing a lower net profit, this balance-sheet ratio is the one to follow in coming filings.
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Conclusion
Parag Milk Foods Q2 Results FY27 show revenue of Rs 1,240.89 Cr, up 23.11% YoY, Operating Profit of Rs 98.71 Cr, up 38.56%, and net profit of Rs 42 Cr, down 8%. The quarterly results are therefore split: the top two lines grew while the consolidated bottom line slipped. Readers who track Parag Milk Foods Q2 Results can use the Univest Screener, and should consult a SEBI-registered advisor before acting.
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. Research Analyst: Uniresearch Global Pvt. Ltd., SEBI Registration No. INH000013776.
Frequently Asked Questions on Parag Milk Foods Q2 Results FY27
What are Parag Milk Foods Q2 Results FY27?
Ans. Parag Milk Foods Q2 Results FY27 cover July to September 2026 on a Consolidated basis, with revenue of Rs 1,240.89 Cr and net profit of Rs 42 Cr, while the Financial Highlights table lists each reported figure.
What is the results date for Parag Milk Foods Q2 Results FY27?
Ans. Parag Milk Foods declared its Q2 FY27 results on 3 November 2026, which means every comparison in this article is anchored to that filing date, as the introduction explains.
What revenue was reported in Parag Milk Foods Q2 Results FY27?
Ans. Parag Milk Foods reported revenue of Rs 1,240.89 Cr for the quarter, compared with Rs 1,007.95 Cr a year earlier, as the Performance Analysis section sets out in detail.
What net profit was reported in Parag Milk Foods Q2 Results FY27?
Ans. Parag Milk Foods reported net profit of Rs 42 Cr, compared with Rs 45.65 Cr in the year-earlier quarter, which is why the Key Takeaways section treats it as the softer figure.
How much YoY growth did revenue show in Parag Milk Foods Q2 Results FY27?
Ans. Revenue showed YoY growth of 23.11%, rising from Rs 1,007.95 Cr to Rs 1,240.89 Cr, while Operating Profit grew faster, as the Performance Analysis section compares across the lines.
Did net profit rise or fall in Parag Milk Foods Q2 Results?
Ans. Net profit fell 8% year on year to Rs 42 Cr from Rs 45.65 Cr, although it was up 90.5% from the preceding quarter, as the Key Business Factors section describes.
What was the Operating Profit in Parag Milk Foods Q2 Results FY27?
Ans. Operating Profit was Rs 98.71 Cr against Rs 71.24 Cr a year earlier, a rise of 38.56%, which means it outpaced revenue, as the Financial Highlights table shows.
Are Parag Milk Foods Q2 Results consolidated results or standalone results?
Ans. The figures are consolidated results, covering the company together with its subsidiaries as reported, so the Rs 1,240.89 Cr revenue and Rs 42 Cr net profit refer to that Consolidated basis.
What business factors shaped Parag Milk Foods Q2 Results FY27?
Ans. The factors are 23.1% YoY revenue growth, a 31.4% sequential revenue gain and a 90.5% sequential net profit gain, which the Key Business Factors section covers in order.
What are the key risks after Parag Milk Foods Q2 Results FY27?
Ans. The risks are the 8.0% YoY fall in net profit, a margin of 3.4% against 4.5% and debt of 0.45 times total assets in FY26, explained in the Key Risks section.
What is the outlook after Parag Milk Foods Q2 Results?
Ans. No management guidance is attached to the filing, so the FY27 outlook depends on later quarters and disclosed sector conditions, as the Outlook section explains with reference to the Rs 42 Cr net profit.
Where can I find the complete Parag Milk Foods Q2 Results FY27 data?
Ans. The complete figures are in the Financial Highlights table of this article and in the Univest Screener, which lists Parag Milk Foods alongside other companies that have declared quarterly results.
