Quarterly results of Q1 FY 25 Creamline Dairy Products Ltd. (CDPL) reported a notable financial turnaround in the quarter ended June 2024 reversing losses. The company’s net profit surged to ₹10.48 crore, a significant improvement compared to a net loss of ₹7.42 crore in the same quarter the previous year, June 2023. This reflects a strong …
Creamline Achieves Turnaround with ₹10.48 Crore Profit in Q1 FY25 Read More »
Milk Price increase The average rate of toned milk has increased to Rs 51.83 per litre in the last fiscal year, from Rs 39 per litre in 2018-19, the government said on Tuesday. In a written reply to Lok Sabha, Minister of Fisheries, Animal Husbandry and Dairying Rajiv Ranjan Singh said, “the Department of …
Toned milk prices increased by 33% from FY 19 to FY 24 Read More »
The report highlighted that Tamil Nadu leads India’s export of processing fruits, juices and nuts, with a 33 per cent share by quantity and 27 per cent by value The country’s food sector is predicted to expand by more than 47 per cent and reach $1,274 billion by 2027, according to a survey published by …
Indian food processing sector may become 1274 B USD by 2027-Danfoss Report Read More »
Global Dairy Trade Event 361 concluded with the GDT Price Index up 0.5% Key Results of major commodities Global dairy trade index has shown slight recovery . Lactose, and Mozzarella cheese led the upward movement of the index followed by other products except SMP. GDT index of Skimmed milk powder plummeted to the lowest level since 19th March 2024. Average winning price …
Global Dairy trade showed slight recovery but SMP at 18 week’s lowest level Read More »
The West Assam Milk Producers’ Cooperative Union Ltd. (WAMUL), known for its Purabi brand, has announced a revision in the Maximum Retail Price (MRP) of its milk variants and dairy products by Rs. 2/- per litre (Re. 1/- per 500ml) across Assam, from July 28, 2024. This increase is attributed to increased procurement price of …
WAMUL increases Price of Purabi milk and dairy Products Read More »
The Indian dairy industry is poised for a revenue growth of 13-14% this fiscal year, driven by strong consumer demand and an improved supply of raw milk, according to Crisil Ratings. Rising consumption of value-added products will support demand, while a good monsoon is expected to boost milk supply. The increased supply of raw milk …
Indian Dairy Industry Set for Robust Revenue Growth Read More »
