Parag Milk Foods Q3 Profit Dips 13% to Rs 33 Cr Despite Record Revenue

• Parag Milk Foods reported a 13.51% decline in consolidated net profit, falling to Rs 32.57 crore in Q3 FY26.
• The profit drop is attributed to higher expenses, which increased over 15% to Rs 983.33 crore.
• Despite the profit dip, total income surged to a record Rs 1,021.62 crore in October-December FY26.
• Akshali Shah, Executive Director, noted Q3 FY26 as a landmark quarter with the highest ever quarterly revenue.
• The company faced significant commodity inflation, with average milk prices rising to Rs 40 per liter.