Dodla Dairy to acquire Sri Krishna Milks for Rs 50 crore
Dodla Dairy Ltd , the Hyderabad-headquartered listed dairy firm, on March 19 announced the acquisition of Karnataka-based Sri Krishna Milks Private Ltd for Rs 50 crore. Sri Krishna Milks was incorporated in March 1989, and was the first private sector dairy company in Karnataka state, according to a stock exchange announcement. The objective of the […]
Milma has declared a flood relief aid of nearly ₹1 crore to dairy farmers
Milma’s Thiruvananthapuram Regional Cooperative Milk Producers’ Union Ltd (TRCMPU), which operates in Thiruvananthapuram, Kollam, Alappuzha and Pathanamthitta, has declared a flood relief aid of nearly ₹1 crore to assist dairy farmers in the flood-ravaged areas. The union which convened an emergency meeting here on Monday announced relief measures including a solatium of ₹25,000 to the […]
Mother Dairy’s revenue grew by 9% in FY19-20 to reach to 10447 crores
Mother Dairy Fruit & Vegetable Pvt. Ltd widened its losses to ₹157.70 crore in the financial year 2019-20 from ₹91.83 crore in the previous financial year due to increase in raw milk procurement prices. Despite the pandemic disruptions, the company expects to post a “healthy bottomline” in FY20-21. According to its latest RoC filing, sourced from business […]