Mother Dairy hikes FCM and Token milk prices in Delhi-NCR
This is the fourth round of hike in milk prices this year by Mother Dairy, one of the leading milk suppliers in Delhi-NCR with volumes of more than 30 lakh litres per day. Mother Dairy has increased the prices of full-cream milk by Re 1 to ₹64 per litre, a company spokesperson said. Mother Dairy has […]
Mother Dairy planning Rs 800 crore capex in 3-4 years
To cater to the exponential demand, milk and milk products major Mother Dairy has planned a mega capex fund worth around Rs 800 crore for the next couple of years. In a conversation with Moneycontrol, company Managing Director Manish Bandlish said that a proposal for capacity expansion by setting up new plants has been planned. “Some of […]
Mother Dairy reported a 46% decline in fiscal 2022 net profit
Mother Dairy Fruit And Vegetable Private Limited which manufactures dairy products and edible oils reported a 46% decline in fiscal 2022 net profit to ₹100 crore, according to financial data accessed by business intelligence platform, Tofler. The company had reported a profit of ₹185 crore in the previous fiscal. Meanwhile, for the financial year ended 31 March […]
Amul hikes milk prices by Rs 2 per litre, except in poll-bound Gujarat
Amid the festive season, The Gujarat Cooperative Milk Marketing Federation Ltd, which markets its products under the Amul brand, hiked the rates of milk by Rs 2 per litre. The price of full cream milk has increased from Rs 61 per litre to Rs 63 per litre, which is expected to impact household budgets. Amul has also […]
Mother Dairy expects 20% revenue growth in FY23 to Rs 15,000 crore
Delhi-NCR’s leading milk supplier Mother Dairy is expecting 20 per cent growth in turnover this fiscal year to about Rs 15,000 crore on better demand for products, its MD Manish Bandlish said. The turnover of Mother Dairy, which also sells edible oils and fruits & vegetables, stood at Rs 12,500 crore in last fiscal year. […]
At IDF World Dairy Summit, India to look for milk productivity improvement
Despite being world’s largest milk producer with largest cattle population, India’s lags behind in yield India will look to improve its per animal milk productivity by drawing lessons from advanced nations at the four-day International Dairy Federation World Dairy Summit (IDF WDS 2022), scheduled to be held in New Delhi from September 12. Currently, the […]
Indian dairy firms address climate concerns via green initiatives
For a dairy organisation, generating 400 metric standard cubic meters (MCM) of gas on a daily basis is something unthinkable. But at AmulFed dairy in Gandhinagar, it is one of the several green initiatives aimed at addressing climate concerns. It uses dairy waste to generate natural gas, which is used in boilers and the canteen. […]
Indian dairy firms address climate concerns via green initiatives
For a dairy organisation, generating 400 metric standard cubic meters (MCM) of gas on a daily basis is something unthinkable. But at AmulFed dairy in Gandhinagar, it is one of the several green initiatives aimed at addressing climate concerns. It uses dairy waste to generate natural gas, which is used in boilers and the canteen. […]
Mother Dairy aims to turn ‘plastic waste neutral’ by FY 2023-24
Mother Dairy said it aims to recycle over 7,000 million tonnes of post-consumer used plastic waste by the end of the current fiscal and would become a ‘Plastic Waste Neutral Company’ by FY 2023-24 Mother Dairy—a leading milk supplier in the Delhi-NCR market—on Thursday said it aims to recycle over 7,000 million tonnes (MT) of […]
Mother Dairy eyes Rs 500cr turnover from eastern India in 5 yrs
Mother Dairy Fruit & Vegetable Pvt Ltd, a wholly owned subsidiary of the National Dairy Development Board (NDDB), on Monday said it is set to expand footprint in West Bengal over the next five years, augmenting manufacturing capacity of value-added dairy products and reaching out to more districts. The company’s value-added dairy offerings, including ice-cream, […]