Page 2 - Dairy Companies

Dairy cooperatives, companies spar over allowing imported milk powder

Private companies support bulk consumers in allowing 50,000 tonnes SMP to be imported at "zero" duty, but cooperatives say that will harm farmers.

Dairy companies see milk procurement price stabilising at higher levels

Both liquid milk and SMP prices jumped by 10% in three months and 25% in one year

Dairy firms' profit margins to remain strong on low milk procurement prices

These companies are also increasing focus on value addition to avail subsidy from various state govts; however, analysts are cautious on their top line growth

Heritage Foods to Prabhat, dairy firms' profit saw a jump in June quarter

A study by India Ratings & Research has estimated a 5.9% compounded annual growth rate between 2013 and 2018 in milk production, to 176.35 mt

Higher global prices set to help dairy companies' revenue

However, it is the other way round for SMP, the most popular dairy product in the export segment