Milkfood Ltd Asset Sale Boosts Growth & Strengthens Finances
Milkfood Ltd has monetised its Moradabad dairy plant in Uttar Pradesh for ₹130 crore, driving a strategic balance sheet reset and laying the foundation for accelerated growth in high-margin dairy segments. The transaction delivered a net cash inflow of ₹116.11 crore after taxes, including a significant ₹78.04 crore profit on land and gains on buildings,…