Amul looking at double-digit growth in FY25
Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under the ‘Amul’ brand, is expecting double-digit growth in revenue during this fiscal on strong demand, its MD Jayen Mehta said. GCMMF had seen a demand of nearly Rs 60,000 crore last year. GCMMF’s turnover increased 8 per cent in the 2023-24 financial year […]
Indian dairy industry to see 13-14% revenue growth in FY25
India’s dairy industry is expected to see healthy revenue growth of 13-14 per cent this financial year 2024-25, asserted Crisil Ratings, as strong consumer demand continues along with an improved supply of raw milk. While the rating agency believes the demand will be supported by rising consumption of value-added products, the ample milk supply will […]
Mother Dairy planning to enter D2C segment in FY 25
With consumers increasingly turning to online shopping, Mother Dairy is looking at getting onto the D2C bandwagon. The company, which is celebrating 50 years since inception, closed FY24 with a turnover of ₹15,000 crore. With an eye on the next phase of growth, the packaged food major is ramping up manufacturing capacities, launching new products, […]
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 […]
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 […]
Dodla Dairy Poised for Robust Growth in FY25 with Expansion and Stability
FY25 is expected to see an accelerated double-digit growth for DDL, thanks to a pick-up in domestic milk volumes, commencement of a new plant in Kenya, and a massive increase in cattle feed capacity Outlook for DDL in FY25 Robust Growth Expected FY25 is poised for accelerated double-digit growth for DDL, driven by increased domestic […]