Mother Dairy

Mother Dairy MD Manish Bandlish resigns as tenure ends November 30

Following his departure, Mother Dairy said the Deputy MD will oversee the MD's responsibilities in the interim under the Board's guidance

Mother Dairy to pass on benefits of GST reduction to consumers: MD

Mother Dairy on Thursday said it will pass on the benefits of the reduction in GST on a wide range of products to consumers. Mother Dairy is one of the leading dairy firms in the country. It clocked a turnover of Rs 17,500 crore in the last fiscal year. Reacting to the decision of the GST Council, Manish Bandlish, Managing Director of Mother Dairy, said, " We commend the Union Government's decision to reduce GST rates on a wider range of dairy products, including paneer, cheese, ghee, butter, UHT milk, milk-based beverages, and ice creams." The move would significantly boost the affordability and accessibility of value-added dairy products for consumers. "This is a particularly big boost for packaged categories, which are fast-growing favourites in Indian homes and will see stronger demand momentum going forward," Bandlish said. Mother Dairy is committed to ensuring that the advantages of this reform are effectively passed on to the consumers, he assured. "By lowering the tax sla

Amul becomes top Indian food brand, Mother Dairy second: Check full list

Amul also improved its standing in Brand Finance's list of top 100 Indian brands across all industries, securing the 17th rank

We were firing on all cylinders in FY25: Mother Dairy MD Manish Bandlish

We have three different businesses, dairy, edible oils and fruits and vegetables, all three businesses did well last year, says Manish Bandlish

Mother Dairy hikes milk prices by up to Rs 2 a litre from April 30

Mother Dairy has hiked milk prices by up to Rs 2 per litre effective Wednesday to partly offset rising input costs. The price revision will be effective from April 30, 2025 across its market, a company official said on Tuesday. "This price revision has been necessitated to address the significant increase in procurement costs, which have gone up by Rs 4-5 per litre over the past few months," the Mother Dairy official said. The surge in procurement prices is primarily driven by early onset of summer and heatwave conditions, the official said. Mother Dairy sells around 35 lakh litre of milk per day in the Delhi-NCR market through its own outlets, general trade and e-commerce platforms. "We remain committed to ensuring the consistent availability of quality milk to consumers while supporting the livelihoods of our farmers," he said. This revision represents only a partial pass-through of the increased costs, aiming to equitably serve the interests of both farmers and consumers, the

Mother Dairy to invest Rs 600 cr in new fruits, vegetable processing plants

Mother Dairy plans to invest about Rs 600 crore to establish two new fruit and vegetable processing plants in Gujarat and Andhra Pradesh, a top company official said. The dairy major, which has a significant presence in Delhi-NCR milk market, will spend more than Rs 400 crore on a plant at Itola near Baroda, Gujarat, with construction expected to be completed within two years, Mother Dairy Managing Director Manish Bandlish told PTI. "The board has already approved. The process for establishing the Itola plant will begin and will be completed in the next two years," he said. The second plant will come up in Kuppam, Andhra Pradesh with an investment of Rs 150-200 crore, Bandlish added. "We are yet to get the land from the government. Then we will start working on investment. DPR is yet to be made," he said. Currently, Mother Dairy's Safal brand has three fruits and vegetable processing plants at Ranchi (Jharkhand), Bengaluru (Karnataka), and Mangolpuri (Delhi), processing two lakh t

Mother Dairy eyes Rs 20,000 cr in revenue, launches 'pro' range of products

The company, on Wednesday, launched a new Pro range of products enriched with protein

Mother Dairy turnover may rise 15% to cross Rs 17K cr in FY25: MD Bandlish

Mother Dairy is likely to achieve 15 per cent growth in turnover this fiscal to more than Rs 17,000 crore on strong demand for its food products and expansion of production capacity as well as distribution network. Besides fresh milk and other dairy products, Mother Dairy sells edible oils under 'Dhara' brand and horticulture (fresh and frozen fruits & vegetables) items under 'Safal' brand. It is the leading milk supplier in Delhi-NCR. In an interview with PTI, Mother Dairy Managing Director Manish Bandlish noted that fiscal year 2024-25 marks a momentous milestone for the company as it completed 50th year of inception. "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 said. In 2023-24, Mother Dairy had achieved a turnover of Rs 15,037 crore. Dairy business contributed about 75 per cent to the total annual revenue. "This strong performance is a testament to our strategic ...

Mother Dairy's ice cream business crosses Rs 500 crore-mark in FY24

Milk and milk products were the biggest contributors to the company's revenue, with a share of 72.47 per cent

Mother Dairy to market co-operative society NCOL's organic products in NCR

Mother Dairy on Tuesday said it has signed an agreement with the National Cooperative Organics Ltd (NCOL) to exclusively distribute the latter's organic products under the 'Bharat Organics' brand in Delhi-NCR. In a statement, Mother Dairy said it has "signed up with 'Bharat Organics' as the exclusive distribution partner for their range of organic staples to the Delhi NCR market." Under the initiative, Mother Dairy will ensure distribution of packed and certified brand Bharat Organics' produce for consumers across NCR through its network of booths across the region. The collaboration marks the launch of Bharat Organics Atta' and Bharat Organics Sweetener (Jaggery) in the NCR market. "With this partnership, Mother Dairy aims to build a healthier and more sustainable India. By combining NCOL's expertise in organic farming with our extensive distribution network and deep consumer trust, we are uniquely positioned to bridge the gap between premium organic products and affordability," ..

Mother Dairy aims to up FY25 revenue by at least 10% on summers, festivals

It currently has a network of nine own dairy plants and four Safal plants

Mother Dairy aims Rs 17,000 cr turnover in FY25 on better demand: MD

Mother Dairy is targeting a 13 per cent growth in its turnover to Rs 17,000 crore this fiscal, as it expects higher demand for its dairy and edible oils products. Mother Dairy is a leading milk supplier in Delhi-NCR. It sells edible oils pan-India under the 'Dhara' brand and markets fresh fruits and vegetables in Delhi-NCR through around 400 'Safal' retail outlets. "As we mark our 50th anniversary, we crossed a milestone revenue of Rs 15,000 crore in the last fiscal year," Mother Dairy Managing Director Manish Bandlish told PTI. He said the company has been consistently growing and achieved over 40 per cent jump in revenue in the last three years. "As we progress into the current fiscal year, we are confident in accelerating our growth momentum, expecting to add another Rs 1,500 to 2,000 crore," Bandlish said. The onset of the 2024-25 fiscal has been very encouraging with most of its summer-led categories like curd, ice creams and dairy beverages, among others, having grown ...

On the boil: Why are milk prices rising when the supply is healthy?

While private players had increased prices, cooperatives and state-supported enterprises had managed to maintain stable prices. Interestingly, dairies in southern India have reduced their retail rates

Bikanervala Foods won't hike sweets' prices; to absorb rise in milk prices

Bikanervala Foods Ltd said it will not increase the prices of sweetsas of now and has decided to absorb the hike in rates of milk by leading suppliers Amul and Mother Dairy. With effect from Monday, Amul and Mother Dairy have increased the liquid milk prices by Rs 2 per litre. "The recent surge in milk prices is likely to have an impact on the consumers and small sweet shop owners, leading to higher prices for milk-related products. However, it's important to note that the demand for 'mithai' and other milk-based products may not be significantly affected by these rising costs," said Manish Aggarwal, Director, Bikano, Bikanervala Foods Pvt Ltd. "We are absorbing the increased cost of milk and have no immediate plans to pass it on to our consumer," he added. Aggarwal said the company is carefully balancing consumer price sensitivity with price elasticity and competitive dynamics. "While we aim to maintain a steady volume momentum, if this scenario persists, we may need to consider

After Amul, Mother Dairy hikes milk price by Rs 2/litre; Check latest rates

Mother Dairy's full cream milk is now priced at Rs 68 per litre, while toned and double-toned milk are available at Rs 56 and Rs 50 per litre

Mother Dairy expects 30% demand surge this summer for milk products: MD

Mother Dairy will launch this summer 30 new products, mainly in ice cream and yoghurt categories, as it expects a 25-30 per cent increase in consumer demand, a top company official said. Mother Dairy, a leading milk supplier in Delhi-NCR, has nine company-owned dairy processing plants with a total capacity of more than 50 lakh litres per day. In an interview with PTI, Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish said, "Summer is the most anticipated season for our business, especially for categories like ice creams, curd and beverages". "With the Indian Meteorological Department's (IMD) prediction of above-normal temperatures and a hot summer this year, we are expecting a multifold surge in demand for these categories," he added. Already, Bandlish said there is an uptick in sales of ice creams compared to the previous year. The company, he said, is fully prepared to match this growing demand and has invested up to Rs 50 crore to augment capacities to ensure adequa

Mother Dairy to invest Rs 750 cr to set up 2 dairy processing plants

Mother Dairy will invest Rs 650 crore to set up two new plants for processing of milk as well as fruits and vegetables to expand its business amid rising consumer demand. Mother Dairy, which is a leading milk supplier in Delhi-NCR, will also invest another Rs 100 crore to expand capacities of its existing plants. "In our endeavour to expand our distribution and reach to our consumers, we have earmarked a capital expenditure (capex) outlay of over Rs 750 crore to enhance our dairy and F&V (fruits and vegetables) processing capacities across key locations," Mother Dairy Fruits and Vegetables Pvt Ltd MD Manish Bandlish told PTI. Mother Dairy is coming up with a big dairy plant in Nagpur, Maharashtra with an investment of around Rs 525 crore, he said. The greenfield plant will have a processing capacity of 6 lakh litres of milk per day, which can be expanded up to 10 lakh litres a day. This upcoming plant will serve the markets of central and southern regions. "We also plan to ...

Mother Dairy expands milk portfolio with launch of buffalo milk variant

The company expects this segment to grow by 10 per cent year-on-year and achieve total volume sales of two lakh litres per day (LLPD) from the variant by March next year

Mother Dairy launches buffalo milk in Delhi-NCR at Rs 70 per litre

Mother Dairy, one of the leading suppliers of milk and milk products, on Tuesday announced the launch of buffalo milk variant in the Delhi-NCR market and is expecting to make this new segment Rs 500 crore brand by March next year. Mother Dairy supplies 35-36 lakh litres of milk per day in Delhi-NCR and 45-47 lakh litres per day across India. In Delhi-NCR, it sells milk in pouches and milk booths. In an interview with PTI on Tuesday, Mother Dairy Managing Director Manish Bandlish said, "We are launching buffalo milk at Rs 70 per litre. We are introducing this variant in Delhi-NCR." Mother Dairy will be supplying 50,000-75,000 litres of buffalo milk per day in Delhi-NCR. The milk will be available in the market from this week. "By March 2025, we aim to reach 2 lakh litres per day. We intend to make the buffalo variant a Rs 500 crore brand in one year. This segment is growing. There is a demand for high-fat milk," Bandlish said. The Mother Dairy MD said the company would launch the .

Tomato prices spike in North India, Mother Dairy selling at Rs 259/kg

Traders attribute the sudden increase to relentless rains in southern India's primary tomato-growing regions and transportation disruptions in Himachal Pradesh and Uttar Pradesh due to infra damage