New Delhi: The business of Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), a cooperative company dealing in Amul brand milk and its products, grew 2 percent to Rs 39,200 in FY 2020-21 despite the outbreak of Kovid-19. The company’s managing director RS Sodhi gave this information on Sunday.
GCMMF had registered a revenue of Rs 38,550 crore during the financial year 2019-20, registering a growth of 17 per cent. Sodhi said in an interview with news agency PTI that the pace of sales growth was a bit slow during the last financial year but it is expected to pick up in the current financial year.
Sodhi said that we did a business of Rs 39,200 crore during the last financial year with a growth of two percent. During this period, sales of products like fresh milk, cheese, curd, buttermilk and paneer grew by 8.5-9 per cent.
