Parag Milk Foods Limited, a premier Indian dairy-based product manufacturer, revealed its audited financial results for the fiscal year ending March 31, 2024. The company achieved its highest-ever revenue, reaching INR 3,139 crore, marking an 8.5% year-over-year growth. Notably, the Profit After Tax (PAT) surged by 70% to INR 91 crore, with the company also […]
Dodla Dairy Ltd., a leading integrated dairy company in India, reported its highest-ever operating revenues of ₹31,255 million for the fiscal year ended March 31, 2024, marking an 11.1% increase year-over-year (YoY). The company’s value-added products (VAP) also saw a notable rise, with sales reaching ₹8,619 million, up by 16.3% YoY. Exceptional Annual Growth and […]
Dodla Dairy Ltd., a leading integrated dairy company in India, has recently announced its financial results for the third quarter and nine months ending December 31st, 2023. The company, listed on both BSE and NSE reported a robust increase in its operating revenues and a significant expansion in EBITDA margin. Impressive Revenue Growth and EBITDA […]
TasFoods Limited has announced that the Australian Competition and Consumer Commission (ACCC) has given the green light to the sale of Betta Milk and Meander Valley Dairy to Bega Cheese Limited. This transaction, valued at A$11 million plus inventory, includes the acquisition of businesses and certain assets of both dairy brands, as well as a […]
One of India’s prime integrated dairy companies, Dodla Dairy Ltd., has unveiled its financial results for Q2 and the first half of 2023, leading up to March 2024. The company’s revenue surged by 10.4% YoY, amounting to INR 7,678 Mn. “Dodla Dairy continues to prudently invest in the supply chain, thereby delivering consumer delight to […]
In a strategic move signaling future growth, the board of Australian Dairy Nutritionals Ltd, a leading figure in the Australian dairy sector, has announced the listing of its Brucknell South farm, situated at 650 Timboon-Nullawarre, Brucknell, Victoria, for sale via Elders Camperdown. Operational Impact & Assurance The farm, renowned for its production of organic A2 […]
Dodla Dairy Ltd., an integrated dairy company in India, announced strong Q1 FY24 financial results, showcasing a 14.8% YoY growth with operating revenues at ₹8,234 million. This compares to ₹7,170 million in Q1 FY23. Domestic business growth was reported at 16.1% YoY, accounting for ₹7,628 million, while international business revenues accounted for ₹606 million. The […]
Wide Open Agriculture has been granted a non-dilutive AUD 5 million by the Western Australian Government’s Investment Attraction Fund to accelerate the production of Buntine Protein oat milk. This significant grant to the Australian regenerative food and farming firm is aimed at the construction and development of a state-of-the-art facility for producing Buntine Protein enhanced oat milk. […]
Australian Dairy Nutritionals Group (ADNL) said that its board has announced the signing of an agreement to sell Camperdown Dairy’s fresh processing assets and transfer the lease of the Manifold Street processing site. The transaction, set to take place after market close on 2 June 2023, marks a strategic move for Australian Dairy Nutritionals Group. […]
Yili Group, a Chinese dairy company, has announced that its subsidiary, Westland Milk Products, has initiated the construction of an NZD 70 million ($42.58 million) lactoferrin plant in Hokitika, New Zealand. This investment positions Yili Group to be one of the top three global leaders in the lactoferrin market, holding a market share of around […]