Mother Dairy eyes 15% turnover growth in FY25 surpassing Rs 17,000 crore

INDIA – Mother Dairy is set to achieve a significant 15% increase in its turnover for the fiscal year 2024-2025, surpassing Rs 17,000 crore. 

According to the company, this growth is largely attributed to strong consumer demand, product expansions, and the company’s increased distribution efforts. 

The company, which is the leading milk supplier in the Delhi-NCR region, has seen continuous growth in its dairy business and other product offerings, including edible oils under the ‘Dhara’ brand and a range of fresh and frozen fruits and vegetables under the ‘Safal’ brand.

In an interview with PTI, Managing Director Manish Bandlish expressed confidence in the company’s performance, noting that the fiscal year marks a milestone with Mother Dairy completing its 50th year of operation. 

“We are poised to conclude the year with an impressive growth of approximately 15%, achieving a turnover exceeding Rs 17,000 crore,” Bandlish said. 

He further explained that the company’s performance in 2023-2024, which saw a turnover of Rs 15,037 crore, was largely driven by strategic initiatives such as expanding the company’s national footprint, improving distribution channels, and enhancing manufacturing capacity. 

Approximately 75% of the total revenue was generated from the dairy business.

To support this growth, Mother Dairy has made significant investments, including the construction of a new milk processing plant in Nagpur, Maharashtra. 

With an estimated investment of over Rs 500 crore, the facility is expected to be operational by 2026, serving markets in central and southern India. 

Additionally, the company has invested over Rs 350 crore to establish two integrated horticulture facilities in Vadodara, Gujarat, and Chittoor, Andhra Pradesh. 

These greenfield plants will produce pulp, concentrates, and frozen products such as French fries for both domestic and international markets under the ‘Safal’ brand.

This year, the company has launched more than 30 new products across a range of categories, aiming to further engage and delight its customers. 

The new offerings are part of Mother Dairy’s continued focus on diversifying its portfolio to meet the evolving needs of consumers. 

With ongoing innovations and a strong foundation of customer loyalty, Mother Dairy remains well-positioned for sustained growth in the coming years.

Founded in 1974, Mother Dairy is a wholly-owned subsidiary of the National Dairy Development Board (NDDB) and was created as part of the ‘Operation Flood’ initiative, which aimed to make India self-sufficient in milk production. 

Over the years, it has grown to become one of the most recognized names in India’s dairy and food processing sectors, with nine milk processing plants, four horticulture facilities, and 16 associated plants for edible oils. 

The company’s entry into the bread and bakery segments further strengthens its diverse business offerings.