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 […]
Aavin records increase in sales of dairy products as mercury soars
With the mercury levels soaring in the city for the past two months, Aavin has clocked an increase in its sales of ice cream and buttermilk this summer. Aavin, the popular brand of the Tamil Nadu Cooperative Milk Producers’ Federation, offers a range of dairy products, including ice cream, cookies, ghee, butter, buttermilk and milk sweets. An official said, “We have registered […]
Milk prices to soar as water scarcity hits production
Milk prices tend to rise in summers as production falls, but this year may be worse. As sweeping heatwaves and drying dams leave dairy animals thirsty, milk productivity will fall and prices will rise, agriculture experts said. While spot traders said raw milk with 6.5% fat is currently being sold at ₹47-48 a litre against […]