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February 14, 2024

Milk price increased by Rs 6 per liter in Himachal Pradesh

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Sunday said the State government was all set to introduce innovative schemes and increase farmers’ incomes in the upcoming annual Budget since agriculture and milk production played a pivotal role in the rural economy. He was speaking in Shimla during a first of its kind interaction with …

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Govt grants Income Tax Exemption to Boost Dairy Cooperatives

Central Government has granted certain exemptions under Income Tax Act to Dairy Cooperative Societies to Boost the Sector In a significant move aimed at supporting the dairy sector, the Government has introduced a series of measures granting income tax exemptions and reductions for Cooperative Societies under the Income Tax Act. The announcement was made by …

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Parag Milk Foods consolidated revenue up 8.8% at ₹800.84cr in Q3

Parag Milk Foods Ltd (PMFL) has reported a 268.8 per cent increase in profit after tax at ₹34.16 crore in the third quarter of fiscal year 2024. The consolidated Q3 FY24 revenue stood at ₹800.84 crore, an 8.8 per cent YoY growth, while gross profit stood at ₹210.75 crore, with a gross profit margin of 26.3 per cent. …

Parag Milk Foods consolidated revenue up 8.8% at ₹800.84cr in Q3 Read More »

Global Dairy Trade Event 349 concluded with the GDT Price Index up 4.2%

AMF index up 3.3%, average price US$6,033/MT (€5,616/MT) Butter index up 10.3%, average price US$6,516/MT (€6,065/MT) BMP index up 1.2%, average price US$2,412/MT (€2,245/MT) Ched index up 6.3%, average price US$4,469/MT (€4,160/MT) LAC index up 2.6%, average price US$785/MT (€731/MT) MOZZ index down 1.8%, average price US$3,760/MT (€3,500/MT) SMP index up 4.6%, average price US$2,758/MT …

Global Dairy Trade Event 349 concluded with the GDT Price Index up 4.2% Read More »

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