Dodla dairy value added products share zooming up
Dodla Dairy MD Sunil Reddy on future plans Q1 FY 25 results of Dodla dairy Dodla Dairy has reported impressive standalone quarterly numbers. Net sales reached Rs. 827.91 crore in June 2024, an 8.54% increase from Rs. 762.74 crore in June 2023. The quarterly net profit soared to Rs. 54.22 crore, marking a 100.51% rise…
Parag Milk Foods and Heritage Foods Shine in Q1 FY 25
Parag Milk Foods Parag Milk Foods has shown a steady increase in performance in June 2024. Net sales for the quarter reached Rs. 757.93 crore, marking a 1.11% rise from Rs. 749.59 crore in June 2023. The company’s quarterly net profit saw a significant increase, climbing 27.47% to Rs. 27.30 crore from Rs. 21.42 crore…
Budget 2024-25 Missing Dairy Focus again
The much-awaited budget for FY 25 by Modi 3.0 has been presented. As a dairy farmer, I searched the Finance Minister’s speech for words such as cow, livestock, dairy, milk, animal husbandry, methane, manure, FMD, Brucellosis, and biogas. Unfortunately, none of these terms were mentioned even once. I then looked for other key terms and…
Livestock Sector Boosts Agricultural GVA from 24.32% to 30.38% in Eight Years
Allied sectors of Indian Agriculture– Sunrise industry The critical role that animal husbandry and fisheries play in enhancing farmers’ income, especially with diminishing agricultural holdings, is well-recognized. Schemes such as the Rashtriya Gokul Mission (RGM), the National Digital Livestock Mission (NDLM), and the National Programme for Dairy Development (NPDD) incorporate interventions to improve quality, facilitate…
Dodla Dairy hits record high after PAT soars 86% YoY in Q1 FY25
Dodla Dairy zoomed 12.88% to Rs 1,305.35 after the dairy product maker reported 85.93% jump in consolidated net profit to Rs 65.02 crore on 10.70% increase in revenue from operations to Rs 911.59 crore in Q1 FY25 over Q1 FY24. Profit before tax stood at Rs 92.79 crore in Q1 FY25, registering a growth of…
Hatsun Agro India’s most state-of-the-art Ice Cream Plant
Normal “toned” milk contains 11.5% total solids: 3% fat and 8.5% SNF or solids-not-fat, while it is 15% (6% fat and 9% SNF) for full-cream milk. The total milk solids are even higher, at 21% (10% fat and 11% SNF) for real ice-cream. That makes ice-cream nothing but concentrated milk, which children don’t have to…
Himachal Pradesh revolutionizes dairy sector with over Rs. 250 Crore investment
Under the dynamic leadership of Chief Minister Thakur Sukhvinder Singh Sukhu, the State Government of Himachal Pradesh is setting new benchmarks in the rural economy through its ambitious schemes and innovative initiatives in the dairy sector. The focus on milk production and related activities is generating employment and empowering rural communities across the State. Recognizing…
Govt has no plans to import milk powder, opposition making false claims: Amit Shah
Union minister Amit Shah on Sunday said the Centre has no plans to import milk powder and accused the opposition Maha Vikas Aghadi of spreading false information. Speaking at the BJP’s Maharashtra convention in Pune, Shah, who holds the home and cooperation portfolios, said an old, undated notification was doing the rounds and MVA had cited it to claim that the…
Gokul Dairy sets up Herbal medicine plant for Livestock
Kolhapur Jilha Dudh Utpadak Sangh, popularly known as Gokul dairy, has set up a plant at Gadmudshingi village, on the outskirts of Kolhapur city, to manufacture ayurvedic formulations for diseases of milch animals — cows and buffaloes. The dairy administration claims that it is the first of its kind plant set up in Maharashtra. Two of these plants are currently operational…
Mother Dairy aims Rs 17,000 cr turnover in FY25 on better demand: MD
Mother Dairy is targeting a 13 per cent growth in its turnover to Rs 17,000 crore this fiscal, as it expects higher demand for its dairy and edible oils products. Mother Dairy is a leading milk supplier in Delhi-NCR. It sells edible oils pan-India under the ‘Dhara’ brand and markets fresh fruits and vegetables in…