GMP IPO
📋 Filings Intelligence
About Contact
LIVE - Auto-updated every 10 mins · Equity segment
Company Filings, Explained Simply

AI-powered plain-English analysis of every important corporate announcement - financial results, order wins, dividends, mergers and more. Updated live.

-
Filed today
-
Companies tracked
NSE & BSE
Listed on
Sign in free to search by company
Filing Type
Market Cap
Sector
All Sectors

Latest Filings -

📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Parag Milk Foods Ltd

Parag Milk Foods Q2 FY27 Standalone Revenue up to Rs. 1,215.42 Crore

RESULTS ◆ Monitor Closely MEDIUM RISK
📅 Filed on BSE: 03 Nov 2026, 11:38 PM IST  ·  BSE ID: 72d98f5f-e090-4ca8-8daa-0c982eaa2362
View Original BSE Filing (PDF)
💡
In Simple Terms
Parag Milk Foods saw higher sales but lower profit in the last quarter, and plans to merge with its subsidiary.
🤖 AI Summary
  • Standalone revenue from operations was Rs. 1,215.42 Crore for Q2 FY27, compared to Rs. 981.15 Crore in Q2 FY26.
  • Profit after tax for Q2 FY27 stood at Rs. 49.26 Crore, down from Rs. 55.70 Crore in Q2 FY26.
  • Half-year revenue ended September 30, 2026, reached Rs. 2,135.89 Crore, with profit after tax of Rs. 74.69 Crore.
  • The Board approved the scheme of amalgamation of wholly-owned subsidiary Bhagyalaxmi Dairy Farms Private Limited with the company.
  • Basic Earnings Per Equity Share for Q2 FY27 was Rs. 3.94, compared to Rs. 4.67 in Q2 FY26.
🔢 Key Numbers - exact figures from BSE filing, not rounded
Revenue from operations (Q2 FY27)
1,215.42 Crore
23.87
Profit for the period after tax (Q2 FY27)
49.26 Crore
-11.56
Revenue from operations (Half Year ended 30-Sep-26)
2,135.89 Crore
17.90
Profit for the period after tax (Half Year ended 30-Sep-26)
74.69 Crore
-15.17
Basic Earnings Per Equity Share (Q2 FY27)
3.94 ₹
-15.75
🏢 How This Affects the Company
📈
Business Impact
The approval of the amalgamation scheme for Bhagyalaxmi Dairy Farms Private Limited, a wholly-owned subsidiary, with Parag Milk Foods streamlines the corporate structure, integrating operations fully.
💰
Financial Impact
Revenue from operations increased to Rs. 1,215.42 Crore in Q2 FY27, while profit after tax decreased to Rs. 49.26 Crore, indicating margin pressure despite top-line growth. Cost of materials consumed increased to Rs. 1,028.19 Crore in Q2 FY27.
⚙️
Operational Impact
The proposed amalgamation, once approved by regulatory bodies, will integrate the subsidiary's operations directly into the parent company, potentially impacting reporting and resource allocation.
⚠️
Risk Impact
The proposed amalgamation is subject to sanction by NCLT and other regulatory approvals, presenting a procedural risk until completion.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this financial results filing and amalgamation scheme announcement.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with Basic EPS at Rs. 3.94 for Q2 FY27. The amalgamation scheme will consolidate Bhagyalaxmi Dairy Farms Private Limited into the parent company.
🔍
Management Signal
The decision to approve the amalgamation scheme signals management's intent to simplify the corporate structure and consolidate operations of its wholly-owned subsidiary.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events
NCLT and regulatory approvals for Bhagyalaxmi Dairy Farms amalgamation.
Q3 FY27 financial results for trends in revenue growth and profitability.
Updates on cost of materials consumed and other expenses for margin analysis.
MEDIUM RISK Decline in Q2 FY27 net profit despite revenue growth and the amalgamation's dependency on regulatory approvals present moderate risks.
💡 Investor Takeaway
Parag Milk Foods reported Q2 FY27 standalone revenue from operations of Rs. 1,215.42 Crore, a 23.87% increase YoY. However, profit after tax for the same quarter was Rs. 49.26 Crore, an 11.56% decrease YoY. The company's Board also approved the amalgamation scheme of its wholly-owned subsidiary, Bhagyalaxmi Dairy Farms Private Limited, subject to regulatory sanctions.
⚖️ Strengths & Concerns

✅ Positives

  • Revenue from operations increased by 23.87% to Rs. 1,215.42 Crore in Q2 FY27 from Rs. 981.15 Crore in Q2 FY26.
  • Half-year revenue ended September 30, 2026, grew by 17.90% to Rs. 2,135.89 Crore from Rs. 1,811.67 Crore in the prior half year.

⚠️ Concerns

  • Profit after tax decreased by 11.56% to Rs. 49.26 Crore in Q2 FY27 from Rs. 55.70 Crore in Q2 FY26.
  • Basic Earnings Per Equity Share declined to Rs. 3.94 in Q2 FY27 from Rs. 4.67 in Q2 FY26.
📅 Company Track Record
Parag Milk Foods' Q1 FY27 revenue was Rs. 945 Crore (up 11% YoY), with PAT of Rs. 22 Crore (down 20% YoY). The company announced a ₹105 Crore cheese capacity expansion plan in Q1 FY27. For FY26, standalone revenue was Rs. 3,742.03 Crore and profit was Rs. 150.88 Crore.

Based on publicly available historical data. For context only.

❓ Frequently Asked Questions
What was Parag Milk Foods' standalone revenue from operations in Q2 FY27?
Parag Milk Foods reported standalone revenue from operations of Rs. 1,215.42 Crore for the quarter ended September 30, 2026 (Q2 FY27).
What was Parag Milk Foods' profit after tax in Q2 FY27?
The profit after tax for Parag Milk Foods in Q2 FY27 was Rs. 49.26 Crore.
How did Parag Milk Foods' half-year revenue perform up to September 30, 2026?
For the half year ended September 30, 2026, Parag Milk Foods' revenue from operations was Rs. 2,135.89 Crore.
What corporate action did Parag Milk Foods' Board approve on November 3, 2026?
The Board approved the Scheme of Amalgamation of Bhagyalaxmi Dairy Farms Private Limited, a wholly-owned subsidiary, with Parag Milk Foods.
What was the Basic Earnings Per Equity Share for Parag Milk Foods in Q2 FY27?
The Basic Earnings Per Equity Share for Parag Milk Foods in Q2 FY27 was Rs. 3.94.

Questions based on this BSE filing only. For information purposes.

You've read one filing

There are 32,000 more, and one of them is about a company you own

Follow a company and we'll email you the moment it files again - explained, not just forwarded. Free.

  • Follow companies and get filings by email
  • Save any filing to read later
  • Two full AI analyses every month, free

No card needed. Sign in with Google in two taps.

⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
🔍
Sign in to use filters
Sign in free with Google to filter filings by category, market cap and sector - takes 5 seconds.