Milk Prices may not turn volatile this summer-Mother Dairy
Milk inflation has moderated recently. The last hike in milk prices (by Mother Dairy) was announced in February 2023. As summer progresses, natural shortage starts occurring in overall milk production. However, there will be no wild swing in prices… Summer lasts till September, when some shortage of milk naturally occurs. I anticipate slight (upward) movement […]
Mother Dairy expects 30 % demand surge this summer for milk products
Mother Dairy will launch this summer 30 new products, mainly in ice cream and yoghurt categories, as it expects a 25-30 per cent increase in consumer demand, a top company official said. Mother Dairy, a leading milk supplier in Delhi-NCR, has nine company-owned dairy processing plants with a total capacity of more than 50 lakh […]
India’s regional taste profiles good for growth: Manish Bandlish
India’s regional taste profiles are seen as providing great potential for dairy players to unlock the next level of growth in value-added segments. One of the leaders in the segment, Mother Dairy bets big on the taste of the regions as it launches a range of ice creams with local flavours besides its popular Mishti Doi in the […]
Mother Dairy announces aggressive plans for VAD segment
Mother Dairy Fruits and Vegetable Pvt Ltd is gearing up to strengthen its value-added dairy play with aggressive plans to launch nearly 100 products in the next three years. The leading milk and milk products major, on Tuesday, announced its new portfolio with over 15 new products for the summer season of 2023. The company […]
Milk prices to stay elevated till Diwali: Mother Dairy MD
Milk prices are likely to be at elevated levels till October this year due to high cost of feed and raw material, and supply challenges, a senior official of Mother Dairy, a major milk supplier in the Delhi-NCR region, said on Monday. Organised players, including Mother Dairy and Amul, hiked milk prices multiple times in the […]
Consumer prices set to rise: Milk, etc to cost 3-10% more
Prices of several consumer goods including packaged food and dairy products, liquor, refrigerators, air-conditioners, imported apparel and personal care products are set to increase up to 10% with companies passing on certain input price increases and the impact of rupee depreciation. Top executives of companies, however, said the proposed price hikes of 3-10% over the […]
Mother Dairy planning Rs 800 crore capex in 3-4 years
To cater to the exponential demand, milk and milk products major Mother Dairy has planned a mega capex fund worth around Rs 800 crore for the next couple of years. In a conversation with Moneycontrol, company Managing Director Manish Bandlish said that a proposal for capacity expansion by setting up new plants has been planned. “Some of […]
Mother Dairy expects 20% revenue growth in FY23 to Rs 15,000 crore
Delhi-NCR’s leading milk supplier Mother Dairy is expecting 20 per cent growth in turnover this fiscal year to about Rs 15,000 crore on better demand for products, its MD Manish Bandlish said. The turnover of Mother Dairy, which also sells edible oils and fruits & vegetables, stood at Rs 12,500 crore in last fiscal year. […]
Mother Dairy aims to turn ‘plastic waste neutral’ by FY 2023-24
Mother Dairy said it aims to recycle over 7,000 million tonnes of post-consumer used plastic waste by the end of the current fiscal and would become a ‘Plastic Waste Neutral Company’ by FY 2023-24 Mother Dairy—a leading milk supplier in the Delhi-NCR market—on Thursday said it aims to recycle over 7,000 million tonnes (MT) of […]
Mother Dairy back in the black with a net profit of 186 Cr in FY 21
After two years of posting losses, Mother Dairy Fruits & Vegetables Pvt Ltd is back in the black with a net profit of ₹185.80 crore in FY20-21 compared to a net loss of ₹157.70 crore in FY19-20. However, according to its latest RoC filing sourced from business intelligence platform Tofler, the company’s total revenues remained […]
