Dodla Dairy Q4 Profit Surges 45% to ₹68 Cr
Dodla Dairy reported a 45.12% year-on-year increase in consolidated net profit, reaching ₹67.96 crore for Q4 FY25, up from ₹46.83 crore in the same quarter last year. Revenue from operations grew by 15.51% to ₹909.62 crore, compared to ₹787.44 crore in the previous year. For the full fiscal year, the company achieved a profit after […]
Revenue of Heritage Foods Soars by 9 percent to 4134 crore
The strong performance of Heritage Foods was attributed to increased market share in key segments such as curd and paneer, expanded distribution, and growth in its value-added products (VAP) portfolio. The VAP segment saw revenue jump 19% YoY to Rs 4,198 million and now contributes 40.6% of the company’s total revenue. Heritage Foods Limited, one […]
Dairy dilemma: Surplus milk, scarce profits
Nine years have passed since Rakesh T N (28) chose dairy farming over factory work. The ITI-trained technician from Thovinakere, Tumakuru district, became conversant with dairy farming in 2015 when he worked as a caretaker at a cow shelter set up by the government as a drought relief measure. Rakesh believed that his income from […]
India’s Heritage Foods Q2 profit jumps on strong dairy demand
India’s Heritage Foods posted a more than 17% jump in its second-quarter profit on Wednesday on strong demand for its milk and dairy products.The dairy producer reported a consolidated net profit of 224.1 million rupees ($2.69 million) for the quarter ended September 30, compared with 190.5 million rupees a year earlier. The company’s dairy segment, […]
Fonterra’s profit more than doubles on demand for dairy ingredients
New Zealand’s Fonterra Co-Operative Group (FCG.NZ) on Thursday reported a more than doubled annual profit on strong margins from its cheese and protein portfolio, and declared a higher final dividend, sending its shares higher. The world’s biggest dairy exporter also benefited from higher product pricing and strong demand for its dairy ingredients and foodservice channel. The company […]
Amul becomes 8th largest dairy in the world as per IFCN Germany
As per the latest IFCN , Germany Amul becomes 8th largest dairy in the world handling 1.2% of global milk production. The IFCN Top 20 Milk Processors List provides validated, comparable data to better understand the largest dairy processors worldwide. In 2020, IFCN has extended its research about these processors and has created the world’s first dairy […]