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Dodla Dairy Poised for Robust Growth in FY25 with Expansion and Stability

dodla dairy robust growth fy 25 dairynews7x7

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 […]

ITC Foods says dairy and beverage segment to grow amid inflation relief

ITC Foods says dairy and beverage segment to grow amid inflation relief - Dairy News 7X7

ITC Foods, the branded packaged foods business of ITC, anticipates a demand revival for the dairy and beverage sector in six to nine months, driven by a hot summer and a favourable dairy season. It recently prioritised leveraging digital technology to streamline its supply chain, ensure consistent product quality, comply with food regulations, and enhance […]

GDT: Increase in SMP and Butter global prices raise hopes in India

GDT: Increase in SMP and Butter global prices raise hopes in India - Dairy News 7X7

Good news for farmers in the latest Global Dairy Trade auction, held overnight, with a 4.2 per cent increase across the board. This is the third positive event of the 2024 calendar year, with the index kicking off the new year with a 1.2 per cent bump on January 3 and 2.3 per cent at the last event […]

Dodla Dairy eyes 25% sales volume growth on VADPs

Dodla Dairy eyes 25% sales volume growth on VADPs - Dairy News 7X7

Hyderabad-based Dodla Dairy, a company specialising in processing and distributing milk and dairy products, is targeting a 25% increase in sales volume to average 20 lakh litre per day from around 16 lakh litre currently. https://youtu.be/V5wdZkOtG_g In an interview with CNBC-TV18, Sunil Reddy Dodla, Managing Director said Dodla Dairy wants to go into growth mode […]

Dodla Dairy impressive results in Q3

Dodla Dairy impressive results in Q3 - Dairy News 7X7

Dodla Dairy Limited reported earnings results for the third quarter and nine months ended December 31, 2023. For the third quarter, the company reported sales was INR 7,468.41 million compared to INR 6,754.31 million a year ago. Revenue was INR 7,525.45 million compared to INR 6,819.63 million a year ago. Net income was INR 413.32 […]

Hatsun Agro Proudly Announces Growth in Milk Procurement

Hatsun Agro Proudly Announces Growth in Milk Procurement - Dairy News 7X7

Hatsun Agro, a leading player in the dairy industry and Chairman R G Chandramogan, proudly announces a significant surge in milk procurement, ensuring a robust and stable supply for the coming months. In response to last year’s challenges, the company has undertaken strategic measures to overcome supply shortages and inflated purchase prices. Following a meticulous […]

Dairy industry and the untapped potential in Bangladesh

Dairy industry and the untapped potential in Bangladesh - Dairy News 7X7

Although dairy as an industry did not have any organised footing in Bangladesh until recently, its emergence and growth over the decades is by all means commendable. From a very humble beginning in an informal manner, the industry grew to a large size thanks to a number of dedicated entrepreneurs backed by large-scale investment and […]

Transforming Dairy Sector: Growth, Inclusion, Sustainability

Transforming Dairy Sector: Growth, Inclusion, Sustainability - Dairy News 7X7

Today, India is celebrating its 77th independence day. The entire nation has rallied together with renewed determination to achieve developed nation status by the year 2047. India has a unique distinction of trebling its milk production capacity and doubling its per capita milk availability every 25 years. We are looking at around 650 Mill MT […]

Ice creams fly off shelves as cruel summer beats down

Ice creams fly off shelves as cruel summer beats down - Dairy News 7X7

Ice cream makers are betting big on omni-channel sales with offerings spanning mass, mass premium, and premium categories even as they are hopeful of clocking 15-20% growth in sales this summer. The sweltering heat amid rising mercury levels has led to increased demand in several regions across the country, particularly southern India. With temperatures expected […]

Amul converts complete range of Buttermilk into probiotics

Amul converts complete range of Buttermilk into probiotics - Dairy News 7X7

The commodity segment has driven the maximum business growth for Amul and given the company surpluses with double-digit volume growth coming from across categories, says Jayen Mehta. The MD of Amul spoke to e4m Editor Naziya Alvi Rahman about the brand’s big launches this year, expansion to newer countries and his turnover plans for the […]