The aim of this study was to assess the energetic efficiency of milk synthesis by grazing dual-purpose cows with or without a starch-based supplement in tropical South Mexico. Forty-six Holstein × Zebu cows were used in a 2 × 2 × 2 factorial design. Factors analysed were diet (supplemented, unsupplemented), age (young: 1-2 calvings, mature: >3 calvings) and day of lactation (21 and 84 days post-calving). The supplement represented about 30% of estimated dry matter (DM) intake. Grass intake was measured using the n-alkane technique at 21 and 84 days post-calving when calculations of efficiency were performed. Efficiency for milk synthesis was reported as feed conversion efficiency (FCE, kilograms of milk per kilogram of DM intake), gross energetic efficiency (GEE, milk energy output/metabolisable energy (ME) intake) and efficiency of ME use for lactation (k(l), adjusted to zero energy balance). There were no interactions between factors. FCE and GEE were not different between diets, but supplemented cows had a lower (p < 0.01) k(l) value (0.62) than unsupplemented cows (0.67), suggesting a diverted partition of nutrients towards body tissue. Mature cows were more efficient (p < 0.001) than young cows in terms of FCE (1.13 vs 0.87) and GEE (0.34 vs 0.26), but equal in terms of k(l) (0.65). FCE (1.10 vs 0.90) and GEE (0.34 vs 0.27) were both higher on day 21 compared with day 84 post-calving, with a trend for a higher k(l) in early lactation. Dual-purpose cows used tropical grasses efficiently for milk synthesis, and higher milk yield observed in supplemented cows was due to a higher intake of nutrients rather than a higher energetic efficiency.