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Highlights
- The presented financial data is Consolidated to provide a comprehensive overview of the company performance.
- Sales over the Year and quarter: The company experienced a substantial growth of 9.17 % in the past year, substantial increase in net sales/revenue by 14.96 %.
- Income over the Year and quarter: There has been either a marginal increase or a decline in other income over the past year which is 27.62 %. Marginal increase in other income during this quarter, up by 28.99%.
- Profit over the Year and quarter: Significant improvement in profitability for Parag Milk Foods Limited. Notable increase of 15.97 % in net profit Year to Year, Parag Milk Foods Limited’s profitability increased by 7 % in this quarter.
- EPS over the Year and quarter: EPS increased by 13.95 % Year to Year. EPS increased by 6.99 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 798.158 Cr | Rs. 757.93 Cr | Rs. 871.31 Cr | + 14.96 % | + 9.17 % |
Expenses | Rs. 745.35 Cr | Rs. 702.12 Cr | Rs. 802.11 Cr | + 14.24 % | + 7.62 % |
Operating Profit | Rs. 52.81 Cr | Rs. 55.81 Cr | Rs. 69.2 Cr | + 23.99 % | + 31.04 % |
OPM % | 6.62 % | 7.36 % | 7.94 % | + 0.58 % | + 1.32 % |
Other Income | Rs. 5.579 Cr | Rs. 5.52 Cr | Rs. 7.12 Cr | + 28.99 % | + 27.62 % |
Interest | Rs. 18.52 Cr | Rs. 18.88 Cr | Rs. 22.63 Cr | + 19.86 % | + 22.19 % |
Depreciation | Rs. 15.48 Cr | Rs. 15.64 Cr | Rs. 18.12 Cr | + 15.86 % | + 17.05 % |
Profit before tax | Rs. 24.39 Cr | Rs. 26.81 Cr | Rs. 35.57 Cr | + 32.67 % | + 45.84 % |
Tax % | 3.28 % | 1.83 % | 17.88 % | + 16.05 % | + 14.6 % |
Net Profit | Rs. 25.19 Cr | Rs. 27.3 Cr | Rs. 29.21 Cr | + 7 % | + 15.96 % |
EPS in Rs | Rs. 2.07 | Rs. 2.28 | Rs. 2.34 | + 2.63 % | + 13.04 % |
Today, we’re looking at Parag Milk Foods Limited’s financial performance for the Q2(Sep 2024-25).Starting with the top line, the company reported a robust year-over-year sales growth of 9.17 %. However, it did see a marginal increase of 14.96 % from the previous quarter. Expenses ticked up slightly by 14.24 % quarter-on-quarter, aligning with the annual rise of 7.62 %. Operating profit, while up 31.04 % compared to last year, faced a quarter-on-quarter increase of 23.99 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 1.32 %, but an expansion of 0.58 % sequentially. Other income rose by 28.99 % compared to the last quarter, despite an annual growth of 27.62 %. Interest expenses surged remarkably by 19.86 % from the previous quarter, yet the year-over-year increase remains at a moderate 22.19 %. Depreciation costs climbed by 15.86 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 17.05 %. Profit before tax grew annually by 45.84 % but saw an increase from the preceding quarter by 32.67 %.
Tax expenses as a percentage of profits increased slightly by 14.6 % compared to last year, with a more notable quarter-on-quarter increase of 16.05 %. Net profit rose by 15.96 % year-on-year but experienced a 7 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 13.04 % but a quarterly rise of 2.63 %. In summary, Parag Milk Foods Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 798.158 Cr | Rs. 757.93 Cr | Rs. 871.31 Cr | + 14.96 % | + 9.17 % |
Expenses | Rs. 745.35 Cr | Rs. 702.12 Cr | Rs. 802.11 Cr | + 14.24 % | + 7.62 % |
Operating Profit | Rs. 52.81 Cr | Rs. 55.81 Cr | Rs. 69.2 Cr | + 23.99 % | + 31.04 % |
Net Profit | Rs. 25.19 Cr | Rs. 27.3 Cr | Rs. 29.21 Cr | + 7 % | + 15.96 % |
EPS in Rs | Rs. 2.07 | Rs. 2.28 | Rs. 2.34 | + 2.63 % | + 13.04 % |
In reviewing Parag Milk Foods Limited’s 2024-25(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 9.17 % year-on-year growth, however, there was a minor increase of 14.96 % from the previous quarter. Expenses rose by 7.62 % compared to the previous year, with a 14.24 % increase quarter-on-quarter. Operating Profit surged by 31.04 % annually, and saw a 23.99 % increase from the last quarter.
Net Profit showed yearly increase of 15.96 %, and experienced a 7 % increase from the previous quarter. Earnings Per Share (EPS) rose by 13.04 % annually, however rose by 2.63 % compared to the last quarter. In essence, while Parag Milk Foods Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.
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