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…
Editorial: Elusive India FTA
Without doubt, a priority of the Government this year will be to gain traction on the elusive free trade deal with India. After all, Prime Minister Christopher Luxon has promised an FTA with India in this term. It seems the push for an FTA is not only coming from Wellington. New Delhi, for its part,…
New research will tackle the global threat of AMR
A Loughborough University-backed research project investigating the development of new treatments for drug-resistant bacterial infections is set to launch. Experts from Loughborough, alongside colleagues from the University of Nottingham, aim to combat antimicrobial resistance (AMR) by investigating how resistant bacteria spreads between humans, livestock, and wildlife and will explore innovative treatments to combat this by…
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…
Kenya Dairy Board, ILRI to Transform Informal Dairy Sector
The Kenya Dairy Board and the International Livestock Research Institute (ILRI) initiative is aimed at improving milk safety and access The initiative is funded by the Bill & Melinda Gates Foundation and the UK Foreign, Commonwealth and Development Office Dubbed MoreMiLK, the scheme targets small-scale dairy businesses in Nakuru, Nyandarua, and Uasin Gishu counties Kenya’s…
Camel milk is high in Bio-peptide creation
In a recent study published in Food Chemistry, researchers compared cow and camel milk proteomes, focusing on immune proteins, bioactive peptides (BPs), and allergens. They also evaluated the impact of fractionation and processing methods. Background Milk, a hallmark of mammals, provides nutrition and immunological protection through its balanced composition of proteins, fats, and lactose. Beyond sustenance, milk…
Global milk production costs increasing – Rabobank
A recent report by RaboResearch highlights a significant rise in milk production costs from 2019 to 2024. The operating cost environment for average milk producers is likely to be more expensive and variable over the next 10 years compared to the last decade. Driving this increase are structural factors such as regulatory pressures, energy transition costs, climate…