Amul brand operator GCMMF says turnover rises 8% to Rs 59,445 cr in FY24

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Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF), which sells dairy products under Amul brand, on Saturday said its turnover has increased by 8 per cent to Rs 59,445 crore in the financial year ending March 2024 on better sales.

"In the Golden Jubilee year of GCMMF, the organization registered a turnover of Rs 59,545 crore (USD 7 billion) for the financial year 2023-24 with a growth of 8 per cent year-on-year," the cooperative said in a statement after its 50th annual general meeting.

The group turnover of brand Amul reached Rs 80,000 crore (USD 10 billion) in 2023-24 from Rs 72,000 crore (USD 9 billion) in 2022-23.

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Category: BusinessFinance

Markets: India

Topics: GCMMF Amul Turnover Gujarat Co-operative Milk Marketing Federation Ltd

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Article Type: News Report

Published On: 2024-09-28 @ 21:24:51 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

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News ID: 22760934

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