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The board of Parag Milk Foods at its meeting held on 06 August 2026 has approved appointment of Rakesh Kothari as Chief Financial Officer (CFO) & Key Managerial Personnel (KMP) with effect from 07 August 2026.

The board of Parag Milk Foods at its meeting held on 06 August 2026 has approved the expansion of cheese manufacturing capacity by additional 60MT/day (approx) as a brownfield expansion thereby increasing the existing cheese manufacturing capacity from 60MT/day to 120MT/day (approx), involving an investment of approx Rs 105 crore towards the said capacity addition.

Net profit of Parag Milk Foods declined 20.05% to Rs 22.05 crore in the quarter ended June 2026 as against Rs 27.58 crore during the previous quarter ended June 2025. Sales rose 10.93% to Rs 944.57 crore in the quarter ended June 2026 as against Rs 851.52 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales944.57851.52 11 OPM %7.236.80 - PBDT47.7645.50 5 PBT29.2929.18 0 NP22.0527.58 -20 Powered by Capital Market - Live News

Parag Milk Foods will hold a meeting of the Board of Directors of the Company on 6 August 2026.

Parag Milk Foods under its sports nutrition brand Avvatar, has announced its entry into India`s fast-growing ready-to-drink (RTD) protein beverage segment through a strategic partnership with Tetra Pak. The company has launched Avvatar Protein Cold Coffee, protein cold coffee in India`s first Tetra Prisma� Aseptic 250E pack, combining convenience, nutrition, and taste in an on-the-go format that fits seamlessly into consumer daily routines. Priced at Rs 120, the beverage strengthens Avvatar`s portfolio beyond traditional sports nutrition into everyday functional consumption. The launch comes at a time when India`s whey protein-based products market is witnessing significant growth. Despite growing awareness around nutrition, nearly 73% of Indians remain protein deficient, creating a significant opportunity for convenient, everyday protein formats. Avvatar Protein Cold Coffee has been developed to bridge this gap by integrating protein into one of India`s most familiar daily habits-coffee. The ready-to-drink beverage delivers 15g protein in a 250 ml pack, with no added sugar or artificial sweeteners. Available in Classic and Vanilla variants, the coffee beverage is based on milk protein with no added sugar and no artificial sweeteners offering a balance between indulgence and functional nutrition.