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ICICI Securities: Parag Milk Foods - Lower B2B Sales Leads To Q1 Revenue Decline

Parag Foods’ revenue from core products—paneer, cheese, ghee, etc.—will likely recover Q2 FY21 onwards, ICICI Securities says.

Range of products manufactured by Parag Milk Foods Ltd. (image: Company website)
Range of products manufactured by Parag Milk Foods Ltd. (image: Company website)
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