Parag Milk Foods Q3 FY26: Revenue up 13%, 9M PAT jumps 35%
PARAGMILK · price
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On the reaction day the stock moved 7.1 pts less than Nifty Microcap 250 and 7.9 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Parag Milk Foods reported Q3 FY26 standalone revenue of Rs 984.19 cr, up 13.3% YoY. Nine-month PAT rose 34.6% to Rs 122.60 cr, helped by lower finance costs. A one-time exceptional charge of Rs 5.39 cr (standalone) and Rs 5.72 cr (consolidated) was booked for new Labour Codes. Consolidated 9M revenue grew 14.2% to Rs 2,872.16 cr; consolidated 9M PAT rose 11% to Rs 102.80 cr.
Strong profit growth and lower interest costs are positives, but a one-time Labour Code charge and slight Q3 margin compression may cap near-term upside.