paragIn Q2 of the fiscal year, 2017 Parag Milk’s profit increased 47.4% to Rs 14.3 crore and income of the company increased 1% to Rs 473 crore.On YOY basis the company EBITDA has been reduced from Rs 41.4 crore to Rs 37.7 crore.
The skimmed milk business growth is declined 30%, this impact on Company income. the EBITDA margin reduced, due to increased expenditure on advertising and marketing in the second quarter. The company is now focused on new products, and at the end of this year the company plans to expand its cheese plant.