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Dairy companies in India anticipate robust revenue growth due to increased demand and higher milk prices.
Dairy companies in India are forecast to see an 11-13% revenue growth this fiscal year, up from 10% last year, due to strong demand, higher milk prices, and a rise in value-added products (VAP).
Profitability is expected to improve by 20-30 basis points due to better pricing and a shift to VAP, which offer higher margins.
Companies will increase capital expenditure by 10%, mainly for expanding VAP capacities, expected to grow by 16-18%.
Despite higher spending, credit profiles remain stable due to improved cash flows and strong balance sheets.
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Las compañías lácteas de la India anticipan un robusto crecimiento de los ingresos debido al aumento de la demanda y al aumento de los precios de la leche.