Prabhat Dairy Ltd.

NSE: PRABHAT | BSE: 539351 | ISIN: INE302M01033 | Industry: Packaged Foods
| Momentum Trap

ICICI Securities Limited
Prabhat Dairy (Prabhat) reported strong sales growth of 22.7% YoY to | 359.6 crore, in line with our estimate of | 355.2 crore. Sales growth was led by milk, skimmed milk powder (SMP), cheese and paneer segments. Value added products (including SMP) were 85% of the...
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