Parag Milk Food Net Sales up by 10.47% in Q3 FY 25
Reported Consolidated quarterly numbers for Parag Milk Foods are: Net Sales at Rs 884.72 crore in December 2024 up 10.47% from Rs. 800.84 crore in December 2023. Quarterly Net Profit at Rs. 36.07 crore in December 2024 up 5.58% from Rs. 34.17 crore in December 2023. EBITDA stands at Rs. 79.50 crore in December 2024…
Dodla recorded it’s highest-ever 9 months performance in FY 25
Excerpts from the Press release by Dodla Dairy.. “I am delighted to share with you that the company reported its highest-ever nine month performance during the period with revenues of Rs. 28,104 Mn (20% YoY growth), EBITDA of Rs. 2,973 Mn (11% margin), and PAT of Rs. 1,920 Mn (7% margin). During the quarter, we…
India’s consumer market to be world’s second by 2030
India’s consumer market is on track to expand 46 per cent by 2030, making it the second-largest globally, according to the Edelweiss Mutual Fund report Rising incomes, a young workforce, and rapid urbanization are expected to drive consumption growth across the country. According to projections, consumer spending in India will rise to USD 4.3 trillion…
Growth of India’s Organized Sweets Market
The Indian sweets industry is uniquely located in the country’s cultural and economic landscape. With its deep connection to festivals, celebrations, and daily consumption, sweets are both a tradition and a treat for Indians. However, the industry is at a critical juncture, where consumer preferences, technological advancements, and the shift toward hygiene and convenience are…
Bridge the milk divide for a nutritionally secure India
For a long time, India has told the incredible supply side story of its milk revolution. The White Revolution that was initiated by Verghese Kurien propelled India to become the world’s largest milk producer. It is now time to bring focus to demand and ensure that milk reaches the most vulnerable. Milk, a vital source…
Wipro secures IT deal with Friesland Campina
The shares of Wipro Limited were trading at ₹304.35 up by ₹2.40 or 0.79 per cent on the NSE today at 12.40 pm. Wipro Limited, the Indian technology services company, has secured a strategic partnership with FrieslandCampina to manage the dairy company’s core IT operations. The five-and-a-half-year contract, announced on January 27, 2025, will see Wipro delivering…
50% water adulteration in Milk in Rajasthan-RCDF
If you are not satisfied with the quality of milk provided at your doorstep by the milkman and you have doubts about adulteration in the milk, Rajasthan Cooperative Dairy Federation (RCDF) has come up with a solution. RCDF has started a campaign, “Doodh ka Doodh Pani ka Pani” from Jan 10 across the state. With this, locals…
Akshayakalpa Organic-Give Back the Milk Pack
This Republic day, Akshayakalpa Organic, India’s first certified organic dairy company and producer of the country’s most popular organic milk has announced about the success of its sustainability initiative, Give Backthe Milk Pack;. Reflecting the spirit of responsibility and nation-building that Republic Day embodies, this innovative initiative encourages consumers to bring back their used milk…
R G Chandramogan CMD Hatsun awarded Padma Shri
Shri R.G. Chandramogan, a pioneer in India’s dairy industry and the visionary Chairman of Hatsun Agro, has been conferred the prestigious Padma Shri Award in 2025 for his outstanding contributions to agriculture and entrepreneurship. Under his leadership, Hatsun Agro has become a household name, revolutionizing India’s dairy landscape with innovation, farmer empowerment, and commitment to…
Brazil offers expertise to boost India’s dairy cattle productivity
While India is the world’s largest milk producer, productivity remains low due to small herd sizes and a lack of genetic improvement in recent decades. Brazil, a major global producer of dairy products, has offered its expertise in the genetic improvement of dairy cattle through several technologies such as insemination and embryo transfer aimed at…