Mother Dairy Eyes 13% Turnover Growth with Expansive Strategy

Mother Dairy targets a 13% growth in turnover to Rs 17,000 crore this fiscal year, driven by increased demand for its dairy and edible oil products. The company, celebrating its 50th anniversary, plans to expand its national presence, launch new products, and augment production capacities, contributing to accelerated growth.

Mother Dairy, a leading milk supplier in Delhi-NCR, is targeting a 13% growth in its turnover to reach Rs 17,000 crore this fiscal year, banking on higher demand for its dairy and edible oil products. The company, celebrating its 50th anniversary, has already marked a milestone by crossing Rs 15,000 crore in revenue last year.

The company's Managing Director, Manish Bandlish, expressed confidence in accelerating growth, expecting to add another Rs 1,500 to 2,000 crore this fiscal year. Mother Dairy's summer-led categories like curd, ice creams, and dairy beverages have collectively grown by over 40% in volume terms.

Bandlish indicated that the company is focused on enhancing distribution, capacity expansion, and a diversified product portfolio to excite consumers. Mother Dairy has launched approximately 30 products this year, with plans to explore new opportunities in various product categories, including fermented dairy, sweets, and cheese.