Mother Dairy set to surpass Rs 17,000 cr turnover in FY25 with 15% growth
Mother Dairy is projected to witness a 15% increase in turnover this fiscal, surpassing Rs 17,000 crore, propelled by robust demand for its food products and an expanded production and distribution network, news agency PTI reported.
In addition to fresh milk and dairy products, Mother Dairy markets edible oils under the 'Dhara' brand and fresh and frozen fruits and vegetables under 'Safal.' It remains the leading milk supplier in Delhi-NCR.
Speaking to PTI, Mother Dairy Managing Director Manish Bandlish highlighted that FY 2024-25 marks a significant milestone as the company celebrates its 50th anniversary.
"We are poised to conclude the year with an impressive growth of approximately 15 per cent, achieving a turnover exceeding Rs 17,000 crore," Bandlish was quoted as saying by PTI.
In FY24, the company recorded a turnover of Rs 15,037 crore, with the dairy segment contributing around 75% of total revenue.
"This strong performance is a testament to our strategic initiatives—expanding our national presence beyond Delhi-NCR, strengthening our reach through new-age distribution channels, scaling up manufacturing capacities, and enriching our portfolio with exciting new product launches to engage and delight consumers," Bandlish added.
To enhance its production capacity, Mother Dairy is establishing a large-scale milk processing plant in Nagpur, Maharashtra, with an investment exceeding Rs 500 crore.
Scheduled for completion by 2026, the facility will cater to markets in central and southern India.
In the horticulture segment, the company has laid the foundation for two integrated fruit and vegetable processing units in Itola, Vadodara, Gujarat, and Chittoor district, Andhra Pradesh.
These greenfield projects under the 'Safal' brand will require a combined investment of over Rs 350 crore.
The new plants will produce pulp and concentrates from tomatoes and fruits such as mango, guava, banana, and pomegranate, alongside frozen French fries for both domestic and international markets.
This fiscal year, Mother Dairy has introduced over 30 new products across various categories.
Founded in 1974, Mother Dairy is now a wholly owned subsidiary of the National Dairy Development Board (NDDB).
It was established as part of 'Operation Flood,' the world’s largest dairy development program aimed at making India self-sufficient in milk production.
The company operates nine company-owned milk processing plants and four horticulture facilities, with 16 associated units for edible oils. Mother Dairy has also expanded into the bread and bakery segment.
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