Home / Business and Economy / Mother Dairy Sees 17% Turnover Surge to ₹20,300 Cr
Mother Dairy Sees 17% Turnover Surge to ₹20,300 Cr
22 Apr
Summary
- Turnover reached ₹20,300 crore, a 17% increase last fiscal.
- Company absorbs rising input costs, no milk price hike planned.
- ₹2,000 crore capex allocated for dairy and horticulture expansion.
Mother Dairy announced a robust 17% increase in its turnover, reaching ₹20,300 crore for the last fiscal year, crossing the ₹20,000 crore milestone. The company's MD, Jayateertha Chary, attributed this success to consumer trust and better demand for milk products and cooking oils.
The dairy vertical was the largest contributor, generating over ₹15,000 crore, while edible oils and horticulture segments added around ₹5,000 crore. Mother Dairy achieved 11% volume growth in its milk business and aims for a 20% revenue growth in the current 2026-27 fiscal year.
Despite increased procurement and packaging material costs, Mother Dairy is absorbing these expenses and has no plans to raise milk prices. The company is investing ₹2,000 crore in capacity expansion, with new plants slated for Maharashtra, Gujarat, Bihar, Andhra Pradesh, and Uttar Pradesh, expected to be completed by the end of the next calendar year.
