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Informist, Friday, Mar. 21, 2025

 

By Narayana Krishna

 

HYDERABAD – Creamline Dairy Products Ltd., a wholly owned subsidiary of Godrej Agrovet Ltd., is expecting a double digit revenue growth for the next two years 2025-26 (Apr-Mar) and FY27, aided by improvement in its value added product portfolio sales, Bhupendra Suri, chief executive officer told Informist. Creamline Dairy had reported a revenue of INR 15.76 billion in FY24 and accounted for nearly 16% of Godrej Agrovet's consolidated revenue.

 

Creamline Dairy sells its dairy products under Godrej Jersey brand. Besides various categories of milk, the company sells value added products like paneer, flavoured milk and curd. Suri said the company was more focused on increasing its market share for its value added products and launched a campaign in its key markets Telangana and Andhra Pradesh.

 

Suri said products like badam-flavoured milk and paneer have huge potential to grow in southern markets. The company is aiming to improve its value added products market share to 47% of the total sales in next two years from 44% at present.

 

The company is targeting INR-10-billion revenue from Telangana alone in next two years from INR 6.6 billion in FY24.

 

At 1256 IST, share of Godrej Agrovet traded at INR 778.90 on the National Stock Exchange, up 2.6%.  End

 

IST, or Indian Standard Time, is five-and-a-half hours ahead of GMT

 

Edited by Akul Nishant Akhoury

 

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