Mother Dairy to hike milk costs by Rs 2 per litre from Wednesday
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Mother Dairy has determined to extend milk costs by Rs 2 per litre within the Delhi-NCR with impact from Wednesday resulting from rise in its procurement and different enter prices.
In March, Mother Dairy elevated milk costs by Rs 2 per litre within the Delhi-NCR (National Capital Region).
Mother Dairy is without doubt one of the main milk suppliers within the Delhi-NCR market and sells greater than 30 lakh litres per day in poly packs and thru merchandising machines.
An organization official on Tuesday stated it’s “compelled” to lift its liquid milk costs by Rs 2 per litre with impact from August 17, 2022. The new costs might be relevant for all milk variants.
Full cream milk will price Rs 61 per litre from Wednesday, up from Rs 59 per litre.
Prices of toned milk will enhance to Rs 51 whereas double toned milk will rise to Rs 45 per litre. Cow milk worth have been hiked to Rs 53 per litre.
Bulk vended milk (token milk) worth has been raised to Rs 48 from Rs 46 per litre.
The firm has witnessed a rise in enter prices within the final 5 months, the official stated.
For occasion, the farm costs of uncooked milk have spiked by about 10-11 per cent.
Likewise, the price of feed and fodder has additionally witnessed a big rise because of the warmth wave and prolonged summer time season.
According to the official, the surge in farm costs is just being partially handed on to the shoppers, thereby securing the pursuits of each the stakeholders – shoppers and farmers.
The firm spends round 75-80 per cent of the gross sales realisation from milk in the direction of the procurement of milk from the farmers.
