GCMMF, a subsidiary of Amul Brands Milk and its products, said Kovid-19 was up two per cent to Rs 39,200 in the year 2020-21 despite the Kovid-19 outbreak. The company’s Managing Director RS Sodhi gave this information on Sunday. The Gujarat Cooperative Milk Market Federation Limited (GCMMF) is set to raise Rs 38,550 crore in fiscal year 2019-20. Revenues recorded a growth of 17 per cent.
In an interview with PTI, Sodhi said sales growth was slow in the last financial year but is expected to rise in the current financial year. 39,200 crore business with a growth of 39 per cent. Sales of fresh milk, cheese, yogurt, buttermilk and paneer products increased 8.5-9 per cent.
Sodhi said the company’s ice cream sales fell 35 per cent in the last financial year due to a nationwide lockdown in the summer. The business of powdered milk is also troubling. “We sell 150 lakh liters of milk every day. About 60 lakh liters of milk is sold from Gujarat, 35 lakh liters from Delhi-NCR and 20 lakh liters from Maharashtra. We are expecting a return of more than double growth in the current financial year. “
CGMMF has increased the price of Amul Milk from July 1 to Rs 2 per liter. The company also does business in Punjab, Uttar Pradesh and Kolkata. It has the capacity to process 360 lakh liters of milk every day.
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