Parag Milk Foods Q1 Profit Falls 20% Amid Cost Pressure
Parag Milk Foods reported a 20% year-on-year decline in consolidated net profit to ₹22 crore in Q1 FY27, even as revenue increased 11% to ₹945 crore compared with Q1 FY26. Overall volumes grew 3%, with lower volumes in flagship categories partly offset by strong growth in the company’s New Age portfolio. The company’s flagship categories—ghee,…
Creamline Dairy Reports Q1 Net Loss of ₹3.57 Crore
Creamline Dairy Products Ltd, a subsidiary of Godrej Agrovet, reported a standalone net loss of ₹3.57 crore for the quarter ended June 2026 (Q1 FY2026-27), compared with a net profit of ₹4.69 crore in the corresponding quarter last year. Despite the decline in profitability, the company posted 11.47% year-on-year growth in sales, with revenue increasing…
Dodla Dairy Q1 Revenue Rises, Backs Sid’s Farm
Dodla Dairy reported consolidated revenue of ₹1,197.94 crore for the first quarter of FY2026-27, up 19% year-on-year from ₹1,006.87 crore, while net profit declined 35.4% to ₹40.64 crore from ₹62.87 crore in the corresponding quarter last year. The company attributed the year-on-year comparison to changes following its acquisition of HR Food Processing Pvt. Ltd. in…
Aavin Rolls Back Ghee Price Revision After Scrutiny
Tamil Nadu’s state-owned dairy brand Aavin has withdrawn its revised ghee pricing order within a week of its issuance after the move came under media scrutiny, while maintaining that consumers were never charged higher retail prices. The Tamil Nadu Cooperative Milk Producers’ Federation had issued an order on July 14, effective July 15, revising the…
Heritage Foods Q1 Revenue Hits Record Despite Profit Dip
Heritage Foods Ltd. reported a record consolidated revenue of ₹1,338.09 crore for the first quarter of FY2026–27 (Q1 FY27), registering a 17.71% year-on-year growth, despite margin pressures caused by elevated raw milk procurement costs and constrained milk supply. Consolidated net profit declined 38.42% to ₹24.97 crore (₹252 million) from ₹40.55 crore a year earlier, while…
Godrej Agrovet Appoints New Creamline Dairy CEO
Godrej Agrovet Ltd. has appointed Gaurav Pande as the Chief Executive Officer of Creamline Dairy Products Ltd., effective July 15, 2026, strengthening its leadership team as the company looks to accelerate growth in India’s competitive dairy market. A seasoned FMCG executive with over two decades of experience, Pande has held leadership roles across sales, marketing,…
Milky Mist Eyes India’s Biggest Dairy IPO
Milky Mist Dairy Food Ltd. is preparing to launch a ₹20.35 billion (USD 213 million) initial public offering as early as the end of July or early August 2026, a move expected to become India’s largest-ever dairy sector IPO, according to people familiar with the matter. The Tamil Nadu-based company has completed investor roadshows, although…
IIM Graduate Builds ₹43 Crore Rural Dairy Enterprise
An IIM graduate who chose to return to his village instead of pursuing a conventional corporate career has built a dairy-focused agribusiness generating annual revenues of approximately ₹43 crore, highlighting the growing potential of rural entrepreneurship in India. According to reports, the entrepreneur leveraged modern dairy farming practices, value-chain integration, and direct market linkages to…
Dodla Dairy Reports Strong FY26 Growth
Dodla Dairy has reported strong audited financial results for FY26, driven by robust growth in value-added dairy products, higher procurement volumes and expanding market presence across India. The company’s board has also recommended a final dividend of ₹5 per equity share for the financial year, reflecting confidence in its operational and financial performance. According to…
Milky Mist’s Value-Added Dairy Strategy Fuels Growth
Tamil Nadu-based dairy brand Milky Mist is rapidly emerging as one of India’s strongest value-added dairy companies by moving beyond the traditional liquid milk business and focusing on premium, high-margin dairy products. The company’s business model is built around paneer, cheese, curd, butter, ghee, yoghurt, ice cream and ready-to-cook products — categories that offer significantly…