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Parag Milk Foods completes acquisition of 51% stake in Australian dairy company, United Dairy Power
Parag Milk Foods Ltd. (PMFL), India's leading milk processing company, announced today that it has completed the acquisition of a 51% stake in United Dairy Power (UDP), an Australian dairy company.
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Parag Milk Foods reports strong Q3FY23 results, revenue up 15%
Parag Milk Foods Ltd. (PMFL), India's leading milk processing company, today reported strong financial results for the third quarter ended December 31, 2022.
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Parag Milk Foods to invest Rs 2,200 crore in capex over next 3 years
Parag Milk Foods Ltd. (PMFL), India's leading milk processing company, plans to invest Rs 2,200 crore in capital expenditure (capex) over the next three years to expand its production capacity and strengthen its market position.
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Parag Milk Foods Q3FY23 net profit up 7% to Rs 124 crore
Parag Milk Foods Ltd on Monday reported a 7.43 per cent increase in its consolidated net profit to Rs 124.17 crore for the third quarter ended December 2022, helped by better sales realisation and cost optimisation.
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Parag Milk Foods raises stake in Australian dairy firm to 100%
Parag Milk Foods Ltd on Wednesday said it has acquired the remaining 49 per cent stake in its Australian dairy firm subsidiary, Parag Milk Foods Australia Pty Ltd (PMFA), taking its total stake to 100 per cent.
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Parag Milk Foods plans to invest Rs 1,000 crore in upcoming fiscal year
Parag Milk Foods Ltd on Tuesday said it plans to invest around Rs 1,000 crore in the upcoming fiscal year to expand its existing dairy processing capacities and launch new products.
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Parag Milk Foods to invest Rs 100 cr in new milk processing plant
Parag Milk Foods plans to invest Rs 100 crore in a new milk processing plant in Maharashtra. The plant will have a capacity of 5 lakh liters per day and is expected to be operational by 2022.
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Parag Milk Foods reports 20% growth in Q1 revenue
Parag Milk Foods reported a 20% growth in revenue for the first quarter of 2021-22. The company's revenue stood at Rs 1,122 crore for the quarter, up from Rs 935 crore in the corresponding quarter of the previous year.
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Parag Milk Foods enters into strategic partnership with Lactalis
Parag Milk Foods has entered into a strategic partnership with Lactalis, one of the world's largest dairy companies. The partnership will see Lactalis acquire a 26% stake in Parag Milk Foods for Rs 925 crore.
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Parag Milk Foods Limited Q4FY23 Results: Revenue Grows 16.5%, Net Profit Rises 10%
Parag Milk Foods Limited (PML) reported healthy financial results for the quarter and fiscal year ended March 2023. The company's consolidated revenue from operations grew by 16.5% year-on-year (YoY) to Rs 1,460.16 crore in Q4FY23.
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Parag Milk Foods enters pact with Lactalis to launch French cheese brand President in India
The pact will enable Parag Milk Foods to manufacture and distribute President-branded cheese in India under a long-term licensing agreement, the company said in a statement.
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Parag Milk Foods Q3FY23 Results: Net Profit Rises 17%, Revenue Grows 15%
Parag Milk Foods Limited (PML) on Tuesday reported a 17.33 per cent rise in its consolidated net profit at Rs 115.67 crore for the third quarter ended December 2022, helped by higher sales.
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Parag Milk Foods Ltd declares interim dividend of Rs 9 per share
Parag Milk Foods Ltd has announced an interim dividend of Rs 9 per equity share of face value of Rs 10 each for the financial year 2023-24.
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Parag Milk Foods Limited Q1 FY23 Results: Revenue up by 25.9%
Parag Milk Foods Limited has reported a growth of 25.9% in its revenue from operations for the first quarter of the financial year 2023.
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Parag Milk Foods Ltd launches new range of cheese products
Parag Milk Foods Ltd has launched a new range of cheese products under the brand name 'Go Cheese'. The new range includes cheddar, mozzarella, and processed cheese.
