Milk and milk products were the biggest contributors to the company's revenue, with a share of 72.47 per cent
Mother Dairy on Tuesday said it has signed an agreement with the National Cooperative Organics Ltd (NCOL) to exclusively distribute the latter's organic products under the 'Bharat Organics' brand in Delhi-NCR. In a statement, Mother Dairy said it has "signed up with 'Bharat Organics' as the exclusive distribution partner for their range of organic staples to the Delhi NCR market." Under the initiative, Mother Dairy will ensure distribution of packed and certified brand Bharat Organics' produce for consumers across NCR through its network of booths across the region. The collaboration marks the launch of Bharat Organics Atta' and Bharat Organics Sweetener (Jaggery) in the NCR market. "With this partnership, Mother Dairy aims to build a healthier and more sustainable India. By combining NCOL's expertise in organic farming with our extensive distribution network and deep consumer trust, we are uniquely positioned to bridge the gap between premium organic products and affordability," ..
It currently has a network of nine own dairy plants and four Safal plants
Mother Dairy is targeting a 13 per cent growth in its turnover to Rs 17,000 crore this fiscal, as it expects higher demand for its dairy and edible oils products. Mother Dairy is a leading milk supplier in Delhi-NCR. It sells edible oils pan-India under the 'Dhara' brand and markets fresh fruits and vegetables in Delhi-NCR through around 400 'Safal' retail outlets. "As we mark our 50th anniversary, we crossed a milestone revenue of Rs 15,000 crore in the last fiscal year," Mother Dairy Managing Director Manish Bandlish told PTI. He said the company has been consistently growing and achieved over 40 per cent jump in revenue in the last three years. "As we progress into the current fiscal year, we are confident in accelerating our growth momentum, expecting to add another Rs 1,500 to 2,000 crore," Bandlish said. The onset of the 2024-25 fiscal has been very encouraging with most of its summer-led categories like curd, ice creams and dairy beverages, among others, having grown ...
While private players had increased prices, cooperatives and state-supported enterprises had managed to maintain stable prices. Interestingly, dairies in southern India have reduced their retail rates
Bikanervala Foods Ltd said it will not increase the prices of sweetsas of now and has decided to absorb the hike in rates of milk by leading suppliers Amul and Mother Dairy. With effect from Monday, Amul and Mother Dairy have increased the liquid milk prices by Rs 2 per litre. "The recent surge in milk prices is likely to have an impact on the consumers and small sweet shop owners, leading to higher prices for milk-related products. However, it's important to note that the demand for 'mithai' and other milk-based products may not be significantly affected by these rising costs," said Manish Aggarwal, Director, Bikano, Bikanervala Foods Pvt Ltd. "We are absorbing the increased cost of milk and have no immediate plans to pass it on to our consumer," he added. Aggarwal said the company is carefully balancing consumer price sensitivity with price elasticity and competitive dynamics. "While we aim to maintain a steady volume momentum, if this scenario persists, we may need to consider
Mother Dairy's full cream milk is now priced at Rs 68 per litre, while toned and double-toned milk are available at Rs 56 and Rs 50 per litre
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 litres per day. In an interview with PTI, Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish said, "Summer is the most anticipated season for our business, especially for categories like ice creams, curd and beverages". "With the Indian Meteorological Department's (IMD) prediction of above-normal temperatures and a hot summer this year, we are expecting a multifold surge in demand for these categories," he added. Already, Bandlish said there is an uptick in sales of ice creams compared to the previous year. The company, he said, is fully prepared to match this growing demand and has invested up to Rs 50 crore to augment capacities to ensure adequa
Mother Dairy will invest Rs 650 crore to set up two new plants for processing of milk as well as fruits and vegetables to expand its business amid rising consumer demand. Mother Dairy, which is a leading milk supplier in Delhi-NCR, will also invest another Rs 100 crore to expand capacities of its existing plants. "In our endeavour to expand our distribution and reach to our consumers, we have earmarked a capital expenditure (capex) outlay of over Rs 750 crore to enhance our dairy and F&V (fruits and vegetables) processing capacities across key locations," Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish told PTI. Mother Dairy is coming up with a big dairy plant in Nagpur, Maharashtra with an investment of around Rs 525 crore, he said. The greenfield plant will have a processing capacity of 6 lakh litres of milk per day, which can be expanded up to 10 lakh litres a day. This upcoming plant will serve the markets of central and southern regions. "We also plan to ...
The company expects this segment to grow by 10 per cent year-on-year and achieve total volume sales of two lakh litres per day (LLPD) from the variant by March next year
Mother Dairy, one of the leading suppliers of milk and milk products, on Tuesday announced the launch of buffalo milk variant in the Delhi-NCR market and is expecting to make this new segment Rs 500 crore brand by March next year. Mother Dairy supplies 35-36 lakh litres of milk per day in Delhi-NCR and 45-47 lakh litres per day across India. In Delhi-NCR, it sells milk in pouches and milk booths. In an interview with PTI on Tuesday, Mother Dairy Managing Director Manish Bandlish said, "We are launching buffalo milk at Rs 70 per litre. We are introducing this variant in Delhi-NCR." Mother Dairy will be supplying 50,000-75,000 litres of buffalo milk per day in Delhi-NCR. The milk will be available in the market from this week. "By March 2025, we aim to reach 2 lakh litres per day. We intend to make the buffalo variant a Rs 500 crore brand in one year. This segment is growing. There is a demand for high-fat milk," Bandlish said. The Mother Dairy MD said the company would launch the .
Traders attribute the sudden increase to relentless rains in southern India's primary tomato-growing regions and transportation disruptions in Himachal Pradesh and Uttar Pradesh due to infra damage
Briefing the media on the Modi government's achievements during the last nine years, Rupala said the sector is likely to grow at 7 per cent in 2023-24 against over 6 per cent in 2022-23
Tomato prices at Mother Dairy's Safal stores have doubled to nearly Rs 80 per kg in the last one week as supplies have been affected due to rains in key producing states. The best quality tomatoes at Mother Dairy's Safal retail store are being sold at Rs 78 per kg on Tuesday. Some varieties are available at lower rates also. There are more than 300 Safal stores in the Delhi-NCR market. "With the onset of monsoon, the tomato crop is currently going through a seasonal transition. Rainfall in areas such as Himachal Pradesh and Uttarakhand have impacted the crop and also restricted its supply, resulting in a demand-supply gap," Mother Dairy spokesperson said. Agritech startup Otipy, which markets fresh fruits and vegetables through a mobile app, is selling tomatoes at Rs 86 per kg. Tomatoes are available at Rs 80-85 per kg on e-commerce platform Big Basket. Vegetable vendors in the national capital are selling tomatoes between Rs 80-120 per kg, depending on the location and quality. "
The government on Tuesday asserted that there is no shortage of milk and other dairy products in the country, although milk prices have risen in recent months. Animal Husbandry, Fishery and Dairying Minister Parshottam Rupala, while briefing media on the Modi government's achievements in the last nine years, said the sector is likely to grow at 7 per cent in 2023-23 fiscal against over 6 per cent in 2022-23. "I will definitely admit that there has been an increase in milk prices...Government is trying its best to address the problem by increasing milk production and availability," he said. Leading milk suppliers like Amul and Mother Dairy have hiked prices of milk multiple times in the last one year, citing increasing procurement costs of milk from farmers. For instance, Mother Dairy has increased milk prices by Rs 10 per litre between March and December 2022. Stressing that there is no shortage of milk and milk products in the country, Rupala said that recently, there were reports
Mother Dairy, which is a leading milk supplier in Delhi-NCR, on Thursday said it has reduced the maximum retail price (MRP) of its Dhara edible oils by Rs 10 per litre and the stocks with new rates will be available in the market from next week. The reduction in the MRP is in line with fall in prices of edible oils in the global market, the company said. "The maximum retail price (MRP) of all variants of Dhara edible oils is being reduced by Rs 10 per litre on account of the continued decline in edible oil prices internationally and better availability of domestic crops such as mustard," a company spokesperson said. The revised MRP stocks are slated to hit the market within a week, the spokesperson added. The new rate of Dhara refined Soyabean Oil will be Rs 140 per litre. Dhara Refined Ricebran Oil MRP has been cut to Rs 160 per litre. The new MRP of Dhara Refined Vegetable Oil will now be Rs 200 per litre. Dhara Kachi Ghani Mustard Oil will be available at Rs 160 per litre MRP
Union Minister Nitin Gadkari on Sunday said Mother Dairy will invest Rs 400 crore in Nagpur in a project for which the government will give 10 hectares of land. Speaking to reporters to highlight achievements in nine years of the Narendra Modi government, the senior Bharatiya Janata Party leader and Nagpur Lok Sabha MP said dairy products from the proposed unit will be supplied across the country. "The company is going to procure 30 lakh litres of milk daily from farmers. It will benefit farmers of Nagpur and other districts of Vidarbha," he said. Mother Dairy is a wholly owned subsidiary of National Dairy Development Board (NDDB) and was commissioned in 1974 as part of Operation Flood. Queried on employment generation in the region, Gadkari said 68,000 persons had got jobs in MIHAN, which is home to several firms, adding employment had risen in the government as well as private sectors.
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Mother Dairy has cut maximum retail prices (MRP) of its edible oils, sold under Dhara brand, by Rs 15-20 per litre with immediate effect in line with the reduction in global prices. The stock with revised MRP is expected to hit the market next week. The reduction comes following the food ministry's direction to edible oil industry body SEA regarding the need for downward revision of the MRP of cooking oils. "The MRP of Dhara edible oils are being reduced by Rs 15-20 per litre across variants with immediate effect. This reduction is largely being done in variants such as soyabean oil, ricebran oil, sunflower oil and groundnut oil, on account of reduced impact of international markets and ease in availability of domestic crop," Mother Dairy spokesperson said. The MRP of Dhara refined soyabean oil (1 litre poly pack) has been reduced to Rs 150 from Rs 170, while the MRP of Dhara refined rice bran oil will now be Rs 170 per litre as against Rs 190 per litre earlier. The company has .
Mother Dairy Fruit and Vegetable Pvt Ltd on Tuesday said it has launched more than 15 new products for the summer season this year. The new product line-up for this year includes a ready-to-consume custard, two cold coffees and more than 10 ice cream variants. In addition, the company has enriched its Nutrifit curd offering with Vitamins A & D, Mother Dairy said in a statement. The newly introduced range will be available across major markets of the company through both traditional and new-age distribution channels. Manish Bandlish, Managing Director of Mother Dairy, said, "Given the diversity and evolution being witnessed in the needs and preferences of our consumers, we have embarked upon a journey to tap into new product spaces and categories." In the next three years, he said the company aims to introduce more than 100 new products in order to reaffirm its position as one of the leading and consumer-centric dairy players in the industry. Mother Dairy is one of the leading milk