Heritage Foods (CMP: Rs. 626, Market Capitalisation: Rs. 5,814 crores, Under-weight), a leading dairy company with a diversified product portfolio that includes milk and milk-based products, posted a healthy revenue growth of 16 percent year on year (YoY) in the fourth quarter. This was primarily aided by a 20 percent increase in the volume of value-added …
Should investors milk the profit in Heritage Foods now? Read More »
The Global Dairy Trade (GDT) price index has recorded its first decline since March 2024, falling by 0.5% at the latest trading event held today (Tuesday, June 18). The price index now stands at 1,157, having decreased from 1,162 recorded at the previous GDT trading event on June 4. The drop comes after five consecutive increases. …
GDT price index records first decline since March 2024 Read More »
Amul’s entry into the city and northern Tamil Nadu will not impact Aavin’s sales, said Mano Thangaraj, TN dairy development minister. He said Aavin is open to market expansion just as Amul is entering new areas. At a press conference on Wednesday, Thangaraj said that while Amul is expanding its presence in the United States, Aavin has the potential to expand …
The buffalo milk price has been increased from ₹810 per kg of fat to ₹820 per kg. The cow milk price has been increased from ₹770 per kg fat to ₹780 per kg. Milkfed has increased the purchase price of milk by ₹10 per kg of fat. Ludhiana plant general manager Surjit Singh Bhadour said that …
Verka hikes milk purchase price by ₹10 per kg of fat Read More »
The increase of Rs. 2 per litre translates to the range of 3-4 per cent increase in MRP which is much lower than the average food inflation,” In a recent update, the price of Amul milk has raised by Rs. 2 per litre, across all variants. These new prices have been applicable from today (June …
The Malabar Regional Co-operative Milk Producers’ Union (MRCMPU) of Milma has announced an additional incentive of ₹2 per litre for milk procured from dairy farmers for three months starting from June 1, which also marks World Milk Day. The decision will increase the procurement price of milk from ₹45.95 per litre to ₹47.95 per litre, …
Milma’s Malabar Union hikes milk procurement price by ₹2 Read More »
While the entire world celebrated World Milk Day on June 1, people in Sirsa are facing hike in milk prices due to the extreme heat . There is also the issue of power cuts and water shortages. Private dairies are selling buffalo milk for Rs 70 per kg, while cow milk is being sold for …
Private milk vendors also increased Milk prices significantly in Haryana, Assam Read More »
As soon as the elections concluded, major dairies across India raised milk prices by ₹2 per liter. This move comes despite assurances from the top management of the country’s largest dairy, who recently expressed confidence in stable input prices, citing significant growth in milk availability and ample stocks of dairy commodities nationwide. The Gujarat Cooperative …
Election Milk Price Hike Raises Eyebrows: Strategy or Necessity? Read More »
We are delighted to announce that Avinash Kasinathan has joined Innoterra as the Head of India business, effective immediately. Avinash brings with him rich experience in strategy, technology, and the agriculture sector. Avinash Kasinathan, Managing Director, Head of India Business, InnoterraAvinash started his career as a consultant at McKinsey. Prior to joining Innoterra, he served …
Innoterra Appoints Avinash Kasinathan as Head of India Business Read More »
FY25 is expected to see an accelerated double-digit growth for DDL, thanks to a pick-up in domestic milk volumes, commencement of a new plant in Kenya, and a massive increase in cattle feed capacity Outlook for DDL in FY25 Robust Growth Expected FY25 is poised for accelerated double-digit growth for DDL, driven by increased domestic …
Dodla Dairy Poised for Robust Growth in FY25 with Expansion and Stability Read More »
