Hyderabad-based Dodla Dairy, a company specialising in processing and distributing milk and dairy products, is targeting a 25% increase in sales volume to average 20 lakh litre per day from around 16 lakh litre currently. In an interview with CNBC-TV18, Sunil Reddy Dodla, Managing Director said Dodla Dairy wants to go into growth mode and …
Dodla Dairy eyes 25% sales volume growth on VADPs Read More »
Dodla Dairy Limited (NSE:DODLA) just released its latest third-quarter report and things are not looking great. Dodla Dairy missed earnings this time around, with ₹7.5b revenue coming in 3.1% below what the analysts had modelled. Statutory earnings per share (EPS) of ₹6.88 also fell short of expectations by 15%. Earnings are an important time for investors, …
Dodla Dairy Limited Just Missed EPS By 15%: What next ? Read More »
AMF index up 4.3%, average price US$5,842/MT (€5,338/MT) Butter index up 5.8%, average price US$5,906/MT (€5,396/MT) BMP index not available, average price not available Ched index up 1.0%, average price US$4,217/MT (€3,853/MT) LAC index up 1.3%, average price US$760/MT (€694/MT) MOZZ index down 3.3%, average price US$3,830/MT (€3,499/MT) SMP index up 1.2%, average price US$2,638/MT …
Global Dairy Trade Event 348 concluded with the GDT Price Index up 2.3% Read More »
Bengaluru-based dairy tech startup Stellapps is in advanced discussions to raise around $20 Mn in its Series C funding round, Inc42 has learnt. Almost 70% of the funding will be raised from existing investors, including Celesta Capital, Omnivore, Gates Foundation, IDH Farmfit Fund, Blume Ventures, and Qualcomm Ventures. Confirming the development, Stellapps cofounder and CEO …
Dairy Tech Startup Stellapps In Talks To Raise $20 Mn To Fuel Expansion Read More »
Starting in 2024, each year, innovators from the Global Shapers’ community will be invited to apply for support to accelerate their breakthrough ideas. The Global Alliance for YOUth, founded a decade ago by Nestlé, announced a new partnership with the Global Shapers, an initiative by the World Economic Forum, and Accenture to further support youth innovation. …
Nestlé inks new Global Alliance for YOUth partnership Read More »
The Gujarat Cooperative Milk Marketing Federation Ltd. (GCMMF) on January 8announced the launch of Sagar Skimmed Milk across India. Sagar is one of the oldest brands of the GCMMF in milk powder and ghee segment. Sagar Skimmed Milk, which is aimed to meet the expectations of the changing consumer, will be sold at most affordable price to …
As Chinese raw milk prices failed to recover before the high season, industry professionals worry that this year will become the weakest for dairy farmers in the past two decades. This year will be harder than last year, and maybe even the hardest in the past two decades, so operating farms with a lot of …
As Chinese Dairy Prices Drop 2024 Could Be Worst Read More »
AMF index up 0.2%, average price US$5,595/MT (€5,063/MT) Butter index up 2.1%, average price US$5,514/MT (€4,990/MT) BMP index down 0.1%, average price US$2,384/MT (€2,158/MT) Ched index down 2.4%, average price US$4,165/MT (€3,769/MT) LAC index down 5.0%, average price US$753/MT (€681/MT) MOZZ index unchanged, average price US$3,960/MT (€3,584/MT) SMP index down 0.9%, average price US$2,613/MT (€2,365/MT) …
Global Dairy Trade Event 347 concluded with the GDT Price Index up 1.2% Read More »
The Vibrant Gujarat Summit 2024 is set to shine a spotlight on the thriving dairy sector, with a particular focus on the accomplishments of the Gujarat dairy co-operative sector led by the Gujarat Cooperative Milk Marketing Federation (GCMMF) during its 10th edition scheduled from January 10 to 12 in Gandhinagar. Chief Minister Bhupendra Patel has …
Dairy Sector to be showcased at Vibrant Gujarat Summit 2024 Read More »
Dairy Development Minister Mano Thangaraj on Thursday announced Aavin’s tie-up with yet another bank to provide loans to dairy farmers. “We are seeing more banks enthusiastically providing loans under the animal husbandry category. Loans mostly are for new milch animals or for animal maintenance,” he said while distributing loans to 10 farmers at Aavin headquarters. …
Aavin ties up with one more bank for providing loan to farmers Read More »
