Mondelez India Cuts Ad Budget as Profits Collapse in FY25
Mondelez India Foods Ltd., the maker of Cadbury Dairy Milk, Oreo, 5 Star and other confectionery brands, reported a sharp plunge in profitability in fiscal year 2025, prompting a reduction in advertising and promotional expenditure amidst rising costs and margin pressure. According to company filings, Mondelez India’s net profit collapsed by over 99% to approximately…
Should investors milk the profit in Heritage Foods now?
Heritage Foods (CMP: Rs. 626, Market Capitalisation: Rs. 5,814 crores, Under-weight), a leading dairy company with a diversified product portfolio that includes milk and milk-based products, posted a healthy revenue growth of 16 percent year on year (YoY) in the fourth quarter. This was primarily aided by a 20 percent increase in the volume of value-added…
Farmers’ gains hinge on curbing post-harvest losses
HORTIculture has been recognised as a sunrise sector due to its potential as an economically viable and sustainable alternative to agriculture. It not only promotes efficiency in land use but also creates opportunities for employment, particularly for the youth in rural areas. Data published by the National Horticulture Board shows that India produced about 312…
Karimnagar dairy turnover crosses Rs 439.51 crore
The Karimnagar Dairy turnover has crossed Rs 439.51 crore during the financial year 2022-23, which is a Rs.20.66 crore jump from last year’s revenue of Rs.418.85 crore. The 12th general body meeting of Karimnagar Dairy was conducted at its new project at Nallagonda village of Thimmapur mandal on Monday. Presenting the annual report at the general body…