Mother Dairy Reports No Immediate Increase in Milk Prices Amid Ongoing Cost Pressures
Mother Dairy Rules Out Immediate Milk Price Hikes
Mother Dairy, a wholly owned subsidiary of the National Dairy Development Board (NDDB), has stated that it has no immediate plans to raise milk prices further. The company cited a comfortable milk supply situation across the country as the reason for this decision, just weeks after increasing retail milk prices by Rs 2 per litre on May 14.
The price hike was necessitated by rising input costs, according to Mother Dairy Chairman Meenesh Shah. However, Shah emphasized that the company does not foresee any further increase in milk prices at present. He noted that milk procurement from farmers and overall milk availability remain comfortable at the moment.
In response to concerns over fodder availability following the India Meteorological Department's forecast of a below-normal monsoon, Shah stated that there should not be any major shortage at the national level. While some states may face localized challenges, these could be offset by supplies from other parts of the country.
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India's Milk Production Expected to Grow
Shah also highlighted India's expected milk production growth of 4-6 per cent in the current financial year, from around 250 million tonnes in the previous year. This growth is expected to keep pace with rising consumption, and Mother Dairy is confident that the country will be able to meet increasing demand for dairy products over the next 10-15 years.
The company has expressed its commitment to government initiatives aimed at boosting milk production through improvements in animal health, productivity, and the expansion of dairy cooperative societies across the country.
Financial Performance
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Mother Dairy reported a 17 per cent rise in turnover to Rs 20,300 crore in FY26, supported by strong demand for milk products and edible oils. The company sells around 55 lakh litres of milk daily across multiple states.
| Company | Turnover (Rs crore) | Growth Rate |
|---|---|---|
| Mother Dairy | 20,300 | 17% |
| FY25 | 17,300 |
Note: The table represents Mother Dairy's financial performance in FY26 compared to FY25.
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