Parag Milk Foods’ Q1 FY26 revenue rose 12.34% YoY to ₹851.52 crore; profit, volumes, and value-added products showed steady growth.

• EBITDA rose 6% YoY to ₹66 crore, though margin slipped to 7.7% due to rising milk prices and costs.
• Flagship brands like Gowardhan Ghee and Go Cheese supported 5% volume growth; new brands saw 57% value growth.
• Shares fell 4.93% as the market reacted cautiously despite record revenue and festive season demand optimism.