Gcmmf Turnover

KPG Spices targets Rs 100 cr revenue in FY26 on network, product expansion

KPG Spices is looking to double its turnover to Rs 100 crore this fiscal on the back of new product launches and network expansion, according to a top company official. A spice brand owned by Marvel King Ltd, which offers a full range of ground spices, achieved a revenue of Rs 50 crore in the financial year ended March this year. The company has set a target of Rs 100 crore in revenue for the 202526 financial year, Marvel King Ltd Managing Director Gourav Jain said. To achieve the target, the company has launched a range of whole spices in markets across North India, he said. The company also plans to expand into UP and Rajasthan and the Northeast region. Our sales and marketing team is working diligently to expand our network to reach 1 lakh retail outlets, said Marvel King Chairman Parveen Jain. We are also exploring opportunities in the e-commerce and quick-commerce marketplaces, Jain added. KPG Spices, which was launched 14 months ago, currently has a presence in six states .

Amul's revenue may touch Rs 1 trn by FY26; GCMMF's share likely at Rs 75Kcr

India's leading dairy brand Amul's revenue is expected to rise more than 10 per cent to about Rs 1 lakh crore this fiscal due to rising consumer demand for milk and its products. Gujarat Cooperative Milk Marketing Federation Ltd (GCMMF) sells dairy products under the 'Amul' brand. Besides, its 18 district cooperative milk producer's unions sell on their own in local district markets. In an interview with PTI, GCMMF Managing Director Jayen Mehta said the total revenue of the Amul brand is likely to touch Rs 1 lakh crore in 2025-26 fiscal against around Rs 90,000 crore in the previous year. "At GCMMF, we are targeting a 14 per cent growth this fiscal to Rs 75,000 crore," Mehta said, anticipating demand growth. The turnover from direct marketing of Amul products by 18 member unions will be around Rs 25,000 crore this fiscal, taking the total revenue to Rs 1 lakh crore. During the last 2024-25 fiscal, Mehta said the GCMMF recorded an 11 per cent rise in its revenue to Rs 65,911 crore

Amul brand operator GCMMF says turnover rises 8% to Rs 59,445 cr in FY24

Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under Amul brand, on Saturday said its turnover has increased by 8 per cent to Rs 59,445 crore in the financial year ending March 2024 on better sales. "In the Golden Jubilee year of GCMMF, the organization registered a turnover of Rs 59,545 crore (USD 7 billion) for the financial year 2023-24 with a growth of 8 per cent year-on-year," the cooperative said in a statement after its 50th annual general meeting. The group turnover of brand Amul reached Rs 80,000 crore (USD 10 billion) in 2023-24 from Rs 72,000 crore (USD 9 billion) in 2022-23. Amul has been ranked as the world's strongest food brand and the strongest dairy brand as per Brand Finance, UK, world's leading brand consultancy. GCMMF said it is the world's largest farmer-owned dairy cooperative having 36 lakh farmers across 18,600 villages of Gujarat and its 18 member unions procure 300 lakh litres of milk per day. GCMMF also ranks 8th a

All you need to know about Amul-Nandini controversy in poll-bound Karnataka

The entry of Amul in Karnataka is being seen as an attempt to trample upon KMF and its brand 'Nandini'

GCMMF turnover up 18% in FY23 to Rs 55,055 cr, eyes trillion rupees by 2025

GCMMF plans to achieve sales turnover of Rs. 1,00,000 crores by 2025

Amul posts group turnover of Rs 61,000 cr in FY22 on milk & ice-cream biz

Post pandemic recovery results in addition of Rs 8,000 crore in annual turnover

Amul turnover rises by 2% to Rs 39,200 cr in FY21 despite Covid: MD Sodhi

The total turnover of GCMMF, which markets dairy products under Amul brand, grew 2 per cent to Rs 39,200 crore despite the Covid-19 pandemic, its Managing Director R S Sodhi said on Sunday.

Amul's turnover up only 8% in FY18 owing to depressed market conditions

The provisional unduplicated group turnover of the Amul brand has crossed Rs 410 billion, up 10 per cent from last year