PARAGMILK

- Parag Milk Foods Limited has informed the stock exchanges about the availability of the audio recording of the earnings conference call. - The call was held on Wednesday, November 4, 2026, to discuss the financial and operational performance for the quarter and half year ended September 30, 2026. - The audio recording can be accessed on the company's website under the investor relations section.

- Q2 FY27 Revenue up 23% YoY to ₹1,241 Cr with volume growth of 12% YoY. - EBITDA rose 37% YoY to ₹101 Cr with margin expanding to 8.1%. - PAT increased 42% YoY to ₹42 Cr. - Board approved 4x paneer capacity expansion (20 MT to 80 MT) and amalgamation of Bhagyalaxmi Dairy Farms.

- Q2 FY27 Consolidated Revenue grew 23% YoY to ₹1,241 Cr, led by 12% volume growth. - EBITDA increased 37% YoY (ex one-off) to ₹101 Cr with an 8.1% margin. - PAT stood at ₹42 Cr (up 42% YoY ex one-off). - Approved ₹205 Cr capex to expand paneer and cheese capacity.

Q2 FY27 Consolidated Revenue ₹1,240.89Cr vs ₹1,007.95Cr (▲23% YoY) EBITDA ₹98.71Cr vs ₹71.24Cr (▲39% YoY) PAT ₹42.00Cr vs ₹45.65Cr (▼8% YoY) EBITDA Margin 7.95% vs 7.07% (▲88bps)

Q2 FY27 Consolidated Revenue ₹1,240.89Cr vs ₹1,007.95Cr (▲23% YoY) EBITDA ₹98.71Cr vs ₹71.24Cr (▲39% YoY) PAT ₹42.00Cr vs ₹45.65Cr (▼8% YoY) EBITDA Margin 7.95% vs 7.07% (▲88bps) Board approved the Scheme of Amalgamation of wholly owned subsidiary Bhagyalaxmi Dairy Farms Private Limited with the Company, subject to NCLT and regulatory approvals.

Concall Schedule Concall Date: Wednesday, November 4, 2026 Concall Time: 2:00 P.M. (IST) Purpose: To discuss financial and operational performance for Q2 & H1 FY27.

Concall Schedule Concall Date: Wednesday, November 4, 2026 Concall Time: 2.00 P.M. (IST)

- Parag Milk Foods Limited has fully redeemed the remaining outstanding amount of ₹71.83 Crore towards its Unlisted, Secured, Redeemable Non-Convertible Debentures (NCDs) issued to International Finance Corporation (IFC). - The early redemption was completed prior to the scheduled maturity date of June 15, 2029. - Following this redemption, there is no outstanding principal amount payable by the company regarding these NCDs.