November 21 Delhi’s beloved Mother Dairy, which fights for shelf space with Amul and a few private brands, is set to face more competition. Nandini, the milk brand owned by Karnataka’s dairy cooperative, is invading the Capital with four variants of cow milk, curd and buttermilk which will be on sale from Friday onwards. And Nandini is arriving …
India’s direct-to-home food essentials brand Country Delight has raised ₹200 crore in venture debt from Alteria Capital, marking the largest domestic venture debt transaction to date. The funding, announced today, will support the company’s expansion plans, capacity building, and brand marketing initiatives. The company, which operates a subscription-based model serving fresh produce and dairy products …
Country Delight secures record ₹200 crore venture debt from Alteria Capital Read More »
Hatsun Agro Product slipped 2.38% to Rs 1,081.40 after the company’s net profit declined 17.08% to Rs 64.32 crore in Q2 FY25 as against Rs 77.57 crore posted in Q2 FY24. However, revenue from operations rose 8.74% to Rs 2,072.10 crore during the quarter ended September 2024 quarter as compared with Rs 1,905.40 crore posted …
India Ratings and Research (Ind-Ra) has taken the following rating actions on Indapur Dairy and Milk Products Limited’s (IDMPL) bank facilities: Details of Instruments Instrument Type Date of Issuance Coupon Rate Maturity Date Size of Issue (million) Rating Assigned along with Outlook/Watch Rating Action Term loan – – 31 March 2029 INR1,092.30 IND A/Positive Affirmed …
Rabobank’s Global Dairy Quarterly Q3 report reveals shifting market narratives, shaped by unpredictable weather, geopolitical tensions, and variable milk production. While supply from main producers is set to rise slightly due to better milk prices and cheaper feed, concerns like La Nina, China’s production challenges, and the spread of Bluetongue in Europe pose significant obstacles. The confluence of these …
Net Sales at Rs 997.62 crore in September 2024 up 29.94% from Rs. 767.75 crore in September 2023. Quarterly Net Profit at Rs. 63.38 crore in September 2024 up 45.35% from Rs. 43.60 crore in September 2023. EBITDA stands at Rs. 105.82 crore in September 2024 up 37.55% from Rs. 76.93 crore in September 2023. …
Second Quarter performance of Dodla and Heritage Read More »
India’s dairy industry is expected to see healthy revenue growth of 13-14 per cent this financial year 2024-25, asserted Crisil Ratings, as strong consumer demand continues along with an improved supply of raw milk. While the rating agency believes the demand will be supported by rising consumption of value-added products, the ample milk supply will …
Indian dairy industry to see 13-14% revenue growth in FY25 Read More »
Dodla Dairy Ltd (BSE – 543306, NSE – DODLA, ISIN: INE021001019), one of India’s leading integrated dairy companies, has announced that it has completed the acquisition of a land parcel admeasuring 35.23 acres at Itkal Village, Dharashiv District, Maharashtra. The company has a strong procurement setup in the state and this land acquisition is a step …
Dodla Dairy Acquired Land in Maharashtra for Expansion Read More »
Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under Amul brand, on Saturday said its turnover has increased by 8 per cent to Rs 59,445 crore in the financial year ending March 2024 on better sales. “In the Golden Jubilee year of GCMMF, the organization registered a turnover of Rs 59,545 crore …
GCMMF’s turnover has increased by 8% to Rs 59,445 crore in FY 24 Read More »
The Kaira District Cooperative Milk Producers Union Limited, popularly known as Amul Dairy, will be setting up new plants at Chittoor in Andhra Pradesh, Pune and Punjab. For this, Gujarat’s oldest milk co-operative will be investing Rs 1,000 crore over the next couple of years. In the last financial year, it invested Rs 1,000 crore in the expansion of its plants. …
Amul Dairy to set up plant in AP, Pune and Punjab Read More »
