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Strategic Planning: The Best Compass for Dairy Farm Success

In the ever-evolving landscape of dairy farming, where unpredictability seems to be the only constant, strategic planning is a tool that guides farmers toward success. It’s not just a tool; it’s a mindset of working ON the business that transforms how a farm operates. Why Strategic Planning? At its core, strategic planning is about focus. …

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Creamline Achieves Turnaround with ₹10.48 Crore Profit in Q1 FY25

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 …

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Toned milk prices increased by 33% from FY 19 to FY 24

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 …

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Indian food processing sector may become 1274 B USD by 2027-Danfoss Report

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 …

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Global Dairy trade showed slight recovery but SMP at 18 week’s lowest level

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 …

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WAMUL increases Price of Purabi milk and dairy Products

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 …

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Indian Dairy Industry Set for Robust Revenue Growth

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 …

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Hatsun Agro Dairy firm’s stock gains over 5% after net profit surges 63% in Q1

Hatsun Agro shares are trading over 5% higher on Tuesday, July 16, after the company reported a 62.9% increase in net profit at ₹130.5 crore for the first quarter that ended June 30, 2024.   In the corresponding quarter, Hatsun Agro Products posted a net profit of ₹80.1 crore, the company said in a regulatory …

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Milky Mist likely to hit stock market with IPO, seeks Rs 20,000 crore valuation

Milky Mist is planning to raise funds via initial public offering (IPO), reported MoneyControl citing sources familiar with the matter. The paneer-to-ice cream maker is looking to expand its dairy product portfolio to take on its arch rival Amul, said the report. The report said that a number of marquee Indian investment and merchant bankers …

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Milk prices to go up by Rs 2 per litre in Pune

Dairies in Maharashtra have decided to increase the price of pouched milk by Rs 2 per litre from Sunday (July 14). On Saturday, private and cooperative dairies in Maharashtra decided to increase their selling price to match the state government’s base procurement price. A litre of liquid milk will now cost between Rs 56-58 a litre. Gopalrao …

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