Parag Milk Foods Limited has informed the Exchange regarding Board meeting held on May 02, 2025, for, inter-alia, approval of Audited Financial Results FY 24-25 and recommendation of dividend
PARAGMILK · price
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Parag Milk Foods reported its FY25 audited results on May 2, 2025, with standalone revenue rising about 9% to ₹3,367 crore and profit after tax jumping roughly 32% to ₹121.7 crore versus FY24. Consolidated revenue grew to ₹3,432 crore with PAT of ₹118.8 crore, up about 32% year-on-year. Operating profit (EBITDA) improved noticeably as margins expanded from around 6.8% to 8.3% on a standalone basis, helped by better cost management. The board has recommended a final dividend of ₹1 per share (10% on face value), subject to shareholder approval. Statutory auditors Sharp & Tannan issued an unmodified (clean) opinion on the results. The board also approved reappointment of key directors including Managing Director Pritam Shah and Executive Chairman Devendra Shah for five-year terms, plus a new independent director and reappointment of statutory, secretarial and cost auditors.
Strong earnings growth, margin expansion and a clean audit opinion are positive signals for shareholders, though the 10% dividend is modest. Continuity in leadership and stable auditor appointments reduce governance uncertainty going into FY26.