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Parag Milk Foods Ltd

Parag Milk Foods records gross profit of Rs 749 crore in FY24

The company’s profit after tax stood at 91 crore in FY24 showing 70% YoY growth compared to up PAT of Rs 53 crore in FY23Bengaluru: Parag Milk Foods Ltd., a manufacturer and marketer of dairy-based branded products in India,...

Venkat Shankar, Chief Executive Officer, Parag Milk Foods Ltd.

Parag Milk Foods Ltd. (PMFL), a leading dairy FMCG company, announced the appointment of Venkat Shankar as the company's Chief Executive Officer. His appointment will be effective from July 4, 2019 and he will be reporting to the Chairman...

Increased investments in India’s dairy sector is driving competition

Dairy is witnessing consistent growth in the consumption of value-added products such as flavoured milk drinks, lassi, curd and yoghurt. The Indian dairy market, though dominated by cooperatives, is also witnessing increased interest from financial institutions as an investment...

Parag Milk Foods collaborates with Swedish company ‘ColoPlus AB’ to strengthen health and nutrition portfolio

Parag Milk Foods Ltd., one of the largest private dairy company in India, has collaborated with ColoPlus AB, a Swedish research organization to launch its first 100 percent natural immunity booster called GO Colo Power in India. This strategic...

Retail industry stalwarts hope Budget 2017 will be salve to note ban wounds

With numerous expectations and curiosity around what is in it for various stakeholders, India’s 2017-18 budget is one of the most sought after events. Just like every other sector, retail stalwarts have also pinned their hopes on Finance Minister...

Budget 2017: What food industry biggies want this year

The Union Budget 2017 is almost upon us. Even as the food industry grapples with the effects of demonetization, they hope for sops and incentives that will make up for the losses they incurred post the note ban. Here is a wish list...

Parag Milk Foods IPO to hit markets on May 4

The initial public offer of Pune-based dairy product company Parag Milk Foods Ltd will hit the primary market from May 4-6, at a price band of Rs 220-227 per equity share of face value of Rs 10 each. There...

Motilal Oswal set to offload stake in Mrs Bector's to Singapore PE fund

Motilal Oswal Private Equity is reported to be close to selling its stake in Mrs Bector’s Foods Specialties Ltd to Singapore-based PE fund CX Partners for an estimated Rs 300-350 crore. The company had acquired 20 per cent stake in...
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