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Business Standard
22-07-2025
- Business
- Business Standard
Parag Milk Foods Q1 PAT rises 1% YoY to Rs 28 cr
Parag Milk Foods reported a 1.02% increase in consolidated net profit to Rs 27.58 crore in Q1 FY26 from Rs 27.30 crore posted in Q1 FY25. Revenue from operation rose by 12.34% year-over-year (YoY) to Rs 851.52 crore during the period under review. Earnings before interest, tax, depreciation, and amortization (EBITDA) grew 6% year-on-year to Rs 66 crore in Q1 FY26, up from Rs 62 crore in Q1 FY25. However, the EBITDA margin declined slightly to 7.7% in Q1 FY26 from 8.1% in the same quarter of the previous year. Profit before tax in Q1 FY26 stood at Rs 29.18 crore, up by 8.83% from Rs 26.81 crore posted in Q1 FY25. Parag Milk highlighted that the business achieved 5% volume growth YoY in Q1, driven by robust performance in core categories like ghee, cheese, and paneer, which together witnessed a 9% volume growth. The company stated that its flagship product Gowardhan Ghee holds a 22% market share in the branded cow ghee segment, while Go Cheese commands a 35% share in the cheese category. The company also navigated volatility in raw material prices during the quarter. Average milk prices rose 18% YoY to Rs 37 per liter but remained stable quarter-on-quarter (QoQ). The company handled an average of 16.5 lakh liters of milk per day, a 10% increase QoQ. Despite fluctuations in milk costs, the company has been able to pass on the commodity prices with EBITDA growth of 6% YoY. Gross profit margins remained steady at 27.4% in Q1 FY26 compared to 27.5% in Q1 FY25 and showed sequential improvement from 25.1% in Q4 FY25. This was driven by an improved product mix and the ability of the companys brands to command a price premium over competitors. The companys new-age businesses, including Pride of Cows and Avvatar, continued their momentum, recording a robust 57% value growth YoY and now constituting 9% of the overall business compared to 6% last year. The Avvatar brand grew eightfold over the past three first quarters, aided by positive response to its recently launched protein wafer bar. Pride of Cows achieved a remarkable 36% value growth in the premium dairy segment, supported by new product launches and expanded reach through quick commerce platforms. The brands Whats the Source? campaign focused on milk authenticity and traceability, reinforcing consumer trust and strengthening its leadership in the premium dairy category. Parag Milk Foods also undertook a comprehensive 360-degree marketing strategy to strengthen brand visibility. The company engaged regional audiences through popular television shows like Sony Marathis Maharashtrachi Hasya Jatra and gained national attention during the Zee Cine Awards with campaigns emphasizing the cheesy quotient among celebrities. Digital marketing efforts, including influencer collaborations on social media, further amplified its reach, while in-shop branding across general trade and modern trade outlets helped garner notable eyeballs among consumers across the country. Devendra Shah, Chairman, PMFL, said, Q1FY26 has set a promising tone for PMFL as we begin the new financial year. Delivering our highest-ever first-quarter revenue reflects our strategic focus and disciplined execution. Our value-added product portfolio and purpose-led marketing are deepening consumer trust and supporting long-term value creation. At the core of our success lies a deep commitment to backward and forward integration. Our strong relationships with farmers empower us to maintain timely procurement and high quality of milk. We have handled an average of around 16.5 lakh liters of milk per day during Q1, which is 10% higher over the immediate last quarter. Our brands are not only rooted in traditioncelebrating the authenticity of Indian dairybut are also evolving to meet the aspirations of health-conscious households. We continue to deliver nutrition-rich, trustworthy products across the globe. As the festive season approaches, we are energized by the growing momentum. Festivities in India are deeply cultural and emotionally rooted and so are we. Our growing portfolio of value-added products, including traditional sweets, ghee, and cheese, is well-positioned to meet the festive demand, powered by consumer trust and brand love. Parag Milk Foods is the largest private dairy FMCG company with a pan-India presence. The companys manufacturing facilities with in-house technology which are strategically located at Manchar in Maharashtra and Palamaner in Andhra Pradesh. The scrip dropped 4.93% to Rs 241.10 on the BSE.
Hindustan Times
18-05-2025
- Health
- Hindustan Times
Avvatar vs MuscleBlaze: Which one offers the best whey protein for muscle growth
India's fitness boom has brought along a growing demand for high-quality whey protein supplements. Among the many options available, two names have stood out for different reasons-MuscleBlaze Biozyme Performance Whey, a globally recognised Indian innovation with patented absorption technology, and Avvatar Whey Protein, a truly farm-to-pack local brand focused on purity and freshness. While both offer promising formulations for muscle gain and post-workout recovery, they cater to slightly different preferences in terms of formulation, sourcing, and taste. This article compares the two best whey protein brands across multiple parameters like ingredients, absorption, certifications, taste, pricing, and real customers' feedback to help you decide which whey protein suits your fitness goals. MuscleBlaze Biozyme Performance Whey delivers 25g of protein per scoop, featuring an Enhanced Absorption Formula (EAF) for better digestion and uptake. It is a blend primarily targeting athletes who want faster recovery and muscle growth, backed by U.S. patents and international awards. Avvatar Whey Protein, on the other hand, offers 27g of protein per serving with a balanced mix of isolate and concentrate. This best whey protein claims to be 100% vegetarian, made from fresh cow's milk in Pune, and emphasises natural freshness and purity over fancy tech enhancements. While choosing the best whey protein in India, make sure to check its ingredients for better results: ALSO READ: Best fish oil supplement (2025): 10 Top-rated picks for omega-3 and heart health A few options for you from MuscleBlaze: The best protein brand in India can offer several benefits. A better understanding can help you make your fitness journey more enriching: ALSO READ: Ace your fitness game with whey protein isolate: Top 10 picks from MuscleBlaze, Nakpro and other brands MuscleBlaze's powder mixes easily in both water and milk without lumps, thanks to its fine texture. This best whey protein is known for its creamy consistency and smoothness. Avvatar mixes decently but can sometimes leave mild foam or clumps, especially in plain water. The unflavoured version may also feel chalky without added flavouring. A few options for you from Avvatar: MuscleBlaze's award-winning 'Scoop on Top' packaging is a big win for hygiene and convenience. You no longer have to dig through the powder to find the scoop. Avvatar, on the other hand, uses standard protein jar packaging with a secure seal, but lacks the innovation MuscleBlaze brings. It focuses more on freshness rather than design. MuscleBlaze is certified by Labdoor (USA), Informed Choice (UK), and Trustified for label accuracy and purity. Moreover, this best whey protein is one of the few Indian brands to undergo blind international testing regularly. On the other hand, Avvatar maintains stringent Indian manufacturing standards and quality checks. While it doesn't boast global certifications, it promotes a clean, vegetarian label and transparency in sourcing. MuscleBlaze users loved the taste, especially flavours like rich chocolate and blue tokai coffee. Most reported great results with faster recovery, although a few found it slightly pricey. Digestion issues were rare. Avvatar fans praised its authentic Indian roots and high protein count. However, the unflavoured version drew mixed reviews on taste. Some users experienced bloating or chalkiness, especially when mixed in water. ALSO READ: Best iron supplements for anemia: 10 picks to restore vitality and fight deficiency MuscleBlaze Biozyme Performance Whey (1kg) is priced at Rs. 2,799, which reflects its patented technology, global certifications, and premium packaging. Avvatar Whey Protein (1kg) comes at Rs. 2,299, offering a slightly higher protein content per scoop at a lower price, but without the advanced enzyme tech or international testing credentials. Both MuscleBlaze and Avvatar offer good protein powders. Choose MuscleBlaze Biozyme if you are focused on clinically backed performance, enhanced absorption, and global-grade quality. Opt for Avvatar if you want a natural, Indian-made, high-protein whey with a clean label at a better price point. Both are excellent, but your pick depends on what you value more-cutting-edge science or natural freshness. A few more options for you: 8 calcium supplements to support your bone strength and joint health in 2025 Best whey protein under ₹1500: Top-rated picks to build muscle without breaking your bank Best kettlebells for home workouts in 2025: 8 top-rated picks for strength and muscle building Whey protein is a fast-digesting milk protein that helps build muscle, supports recovery, and boosts overall protein intake, especially after workouts or when dietary protein is low. Yes, it is generally safe for healthy individuals when consumed in moderation. Stick to recommended dosages and consult your doctor if you have kidney or digestive issues. Whey isolate is more refined, has higher protein content and less fat/lactose. Concentrate is more affordable with slightly lower protein, but still effective for muscle gain. Absolutely! Women benefit just as much from whey protein. It supports muscle tone, recovery, metabolism, and overall fitness without making you bulky. For optimal muscle recovery, consume whey protein within 30–60 minutes post-workout. It can also be taken in the morning or between meals to meet protein needs. Disclaimer: At Hindustan Times, we help you stay up-to-date with the latest trends and products. Hindustan Times has an affiliate partnership, so we may get a part of the revenue when you make a purchase. We shall not be liable for any claim under applicable laws, including but not limited to the Consumer Protection Act, 2019, with respect to the products. The products listed in this article are in no particular order of priority.
