Profitability of dairy industry to reduce by 0.50-0.75% : Crisil report
Crisil reserach published their report on dairy sector. Sales of Value added products like ice cream, cheese, flavoured milk, curd and yoghurt to degrow 2-3% this fiscal.Value added products are more profitable than liquid milk . VAP account for 30% of the organised dairy sector’s revenue, This would reduce operating profitability by as much as 50-75 basis points […]
