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Targeting Rs 1000 cr topline by 2020 from consumer business, says Prabhat Dairy
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Targeting Rs 1000 cr topline by 2020 from consumer business, says Prabhat Dairy
Mar 15, 2018 12:40 AM

Prabhat Dairy is looking at Rs 1,000 crore topline from consumer business and Rs 2,000 crore from total business by 2020, said Vivek Nirmal, Joint MD of the company.

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Nirmal said that the milk prices have corrected 15 percent in last one year.

When asked about private equity investors, he said “I am not aware of any private equity investors looking to exit company."

The promoters of the company are claimed to be holding more than 50.1 percent stake and reportedly have no plans to sell stake in the company.

"We expect Rs 250 crore topline from cheese business over next one year", Nirmal mentioned.

First Published:Mar 15, 2018 8:40 AM IST

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