Dodla Dairy Q4 FY23 Net Sales up 22.82% Y-o-Y
Net Sales at Rs 724.28 crore in March 2023 up 22.82% from Rs. 589.72 crore in March 2022. Quarterly Net Profit at Rs. 22.53 crore in March 2023 down 44.35% from Rs. 40.48 crore in March 2022. EBITDA stands at Rs. 40.03 crore in March 2023 down 21.76% from Rs. 51.16 crore in March 2022….
Why a debate rages over whether ice cream is healthy ?
In April, a story emerged that for many years scientists have suppressed an astonishing finding—that ice-cream might be good for health. The Atlantic magazine ran a story headlined, ‘The Ice-cream conspiracy’ by David Merritt Johns, who is generally described as a “public health historian.” His story begins in 2018. The research of a doctoral student…
Amul steps into Tamil Nadu to procure milk at premium
Gujarat Cooperative Milk Marketing Federation Limited (GCMMF), which owns India’s largest dairy brand ‘Amul’, is preparing to start milk procurement in Tamil Nadu. The marketing division of Amul has released multiple advertisements inviting farmers to supply milk in northern districts of the state, including Dharmapuri, Vellore, Krishnagiri, Tiruvannmalai, Ranipet and Kancheepuram districts. This would be…
India’s White Revolution – Achievements and the Next Phase
The dairy sector in India has shown very impressive growth since the beginning of Operation Flood launched in 1970. Before this, milk production was not even keeping pace with the growth in population in the country. Because of this, per capita milk output declined from 132 grams in 1955-56 to 110 grams in 1973-74. This…
Lab-grown breast milk Co. Biomilq aims to change infant nutrition
Biomilq, a North Carolina-based startup, is working to recreate breast milk outside of the body, a breakthrough that could change the way infant nutrition is understood in America. The company’s seemingly niche innovation took on new resonance amid the infant-formula shortage, which demonstrated the frailty of that essential product. Before the company can fully take…
China’s falling birth rate impacting infant milk industry in Ireland
THE impact of the falling birth rate in China on the infant milk formula industry in Ireland was raised in the Dáil. Ireland is one of the leading manufacturers of infant formula. Three of the world’s largest producers, Danone, Abbott, and Wyeth, have manufacturing plants here. Minister of State Neale Richmond, replying to Cork North-West…
Pathfinder Foundation to promote Lankan dairy sector
The Pathfinder Foundation, in partnership with the New Zealand High Commission in Colombo, organized a high-level Agriculture Reform Panel Discussion titled Prospects for Sri Lanka’s Dairy Industry: International Case Studies at Courtyard by Marriott in Colombo. Chairman Pathfinder Foundation, Bernard Goonetilleke, mentioned that this forum takes place at a critical juncture where decisions are being…
Firms rein in price hikes but milk powder rose 18% from a year ago
A range of businesses, from quick-service restaurants and apparel retailers to biscuit makers and edible oil producers, are refraining from raising prices, with some even cutting them as commodity costs cool and high prices dampen demand, offering consumers respite from soaring inflation. Packaged consumer goods company Marico Ltd, for example, cut prices of its Parachute…
Supply stable, no chance of milk price hike this summer in Indore
Adequate supplies of milk in summers in Indore region as against an average drop of 10 per cent every year has kept milk prices stagnant, giving respite to consumers from price rise. Every summer, milk cooperatives and private milk suppliers hike milk prices amid shortage in collection but this summer they have ruled out the…
Amul launches advanced organic testing laboratory in Gandhinagar
(GCMMF), popularly known as Amul, a leading food products organisation of India has set up Advanced Organic Testing Laboratory at Amul Fed Dairy, Gandhinagar, Gujarat. The lab was inaugurated by Amit Shah, Minister of Home Affairs and Cooperation, Government of India, on Sunday. With the increasing demand for organic food products in India, there is a…