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India's largest dairy outfit GCMMF turnover grows 8% in FY18 to Rs 292 bn

Unduplicated group turnover of Amul brand crosses Rs 410 bn, up 10%

Amul butter takes taste of India to the world
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Packets of Amul butter at a store. Photo: Bloomberg

Sohini Das Ahmedabad
Country's largest dairy outfit Gujarat Cooperative Milk Marketing Federation (GCMMF) that owns and markets the Amul brand has posted an eight per cent year on year (YoY) growth in turnover for 2017-18 to Rs 292.2 billion. 

Releasing the provisional turnover figures for the FY18 fiscal, the cooperative said that branded consumer products have registered a growth of 14 per cent over previous year with products like cheese, butter, milk beverages, paneer (cottage cheese), cream, buttermilk and curd having grown at 20-40 per cent. RS Sodhi, managing director, GCMMF said that pouch milk, which is the highest turnover product, has shown double