# Parag Milk Q1 Profit Falls 20% Despite 11% Revenue Growth

2026-08-07T03:40:29+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 1 independent outlet

Parag Milk Foods reported a 20.1% year-on-year drop in first-quarter net profit to Rs 22.1 crore, even as revenue increased 10.9% to Rs 945 crore. The company plans to invest over Rs 100 crore in expanding capacity. The contrasting figures show that higher sales did not translate into higher profit in the quarter. The capacity investment signals the company is preparing for increased production, but the source gives no details on the projects, funding or expected returns.

## Coverage

- ndtvprofit.com <https://www.ndtvprofit.com/markets/parag-milk-q1-net-profit-tanks-20-percent-revenue-up-11-percent-company-to-invest-over-100-crore-for-capacity-expansion-11877307#publisher=newsstand>

Tags: capacity expansion, dairy, Parag Milk Foods, quarterly results
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