GCMMF’s turnover has increased by 8% to Rs 59,445 crore in FY 24
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 […]
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 Animal […]
NANDINI FROM 1974 INCEPTION TO RS 14,018 CRORE IN 2023
Karnataka Milk Federation’s Nandini is not just a brand; it’s a legacy. Born as Karnataka Dairy Development Corporation (KDDC) in 1974, it began its journey with the support of the World Bank. Fast forward a decade, and KDDC transformed into Karnataka Milk Federation (KMF). Over the years, the metamorphosis wasn’t just in name but also […]
Milma’s 2023-24 budget anticipate ₹1.22 crore surplus
The annual general body meeting of the Kerala Co-operative Milk Marketing Federation, known by its brand name Milma, has adopted a growth-oriented budget for 2023-24 pegging the revenue at ₹680.50 crore and expenditure at ₹679.28 crore, anticipating a surplus of ₹1.22 crore during the financial year. The AGM also adopted resolutions covering a wide range of key […]
Retail milk price will increase in FY 24 by 4-5%
The increase is likely as retail milk prices have already risen 10% in a year and 22% in three years. Sharma also notes that poor monsoon and higher fodder prices could further impact milk prices. Prices of retail milk are expected to go up 4-5% year-on-year in FY24 because of dairy processors fail to recover […]
