Mother Dairy reduces prices on its products after GST cut

INDIA – Mother Dairy, one of the largest dairy brands in India, has reduced prices across its dairy portfolio following the recent Goods and Services Tax (GST) rate revision by the Government of India.

The company announced that the revised prices are effective immediately, offering direct relief to households grappling with rising food costs and inflationary pressures.

From everyday staples like UHT milk and paneer to value-added dairy products such as cheese, ghee, and milkshakes, the reductions range from ₹2 to ₹30 per pack, depending on size and product category.

“We wholeheartedly welcome the Union Government’s GST revisions and are pleased to extend these benefits directly to our consumers. The revised rates cover a wide array of dairy products including paneer, cheese, ghee, UHT milk, and milk-based beverages, offering more value to every household,” said Manish Bandlish, Managing Director, Mother Dairy.

He added that the recent GST reduction across a wide range of dairy and processed food products represents a progressive step that will significantly boost consumption and accelerate the adoption of safe, high-quality packaged offerings. 

Mother Dairy eyes 15% turnover growth in FY25

Recently, the company announced that it is set to achieve a significant 15% increase in its turnover for the fiscal year 2024-2025, surpassing Rs 17,000 crore. 

According to the company, this growth is largely attributed to strong consumer demand, product expansions, and the company’s increased distribution efforts. 

The company, which is the leading milk supplier in the Delhi-NCR region, has seen continuous growth in its dairy business and other product offerings, including edible oils under the ‘Dhara’ brand and a range of fresh and frozen fruits and vegetables under the ‘Safal’ brand.

In an interview with PTI, Managing Director Manish Bandlish expressed confidence in the company’s performance, noting that the fiscal year marks a milestone with Mother Dairy completing its 50th year of operation. 

“We are poised to conclude the year with an impressive growth of approximately 15%, achieving a turnover exceeding Rs 17,000 crore,” Bandlish said. 

He further explained that the company’s performance in 2023-2024, which saw a turnover of Rs 15,037 crore, was largely driven by strategic initiatives such as expanding the company’s national footprint, improving distribution channels, and enhancing manufacturing capacity. 

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