Parag Milk Foods Limited reported earnings results for the fourth quarter ended March 31, 2023. For the fourth quarter, the company reported sales was INR 8,009.56 million compared to INR 5,622.74 million a year ago. Revenue was INR 8,100.65 million compared to INR 5,727.54 million a year ago.

Net income was INR 223.52 million compared to net loss of INR 5,917.87 million a year ago. Basic earnings per share from continuing operations was INR 1.91 compared to basic loss per share from continuing operations of INR 62.16 a year ago. Diluted earnings per share from continuing operations was INR 1.86.