Milma posts 15% rise in turnover in H1 FY27 at ₹2,559.71 crore
Milma posts 15% H1 FY27 turnover rise to ₹2,559.71 crore, led by TRCMPU, ERCMPU, and MRCMPU growth and stronger dairy farmer procurement.
Kerala Cooperative Milk Marketing Federation (KCMMF), popularly known as Milma, has posted a 15 per cent rise in its turnover at ₹2,559.71 crore in the first half of FY27 in the sale of milk and other products. Milma’s total turnover in the first half of FY26 was ₹2,224.12 crore.
The three regional unions of Milma clocked a total turnover of ₹2,328.87 crore, while products from facilities under KCMMF marked a turnover of ₹230.84 crore.
Total turnover of Trivandrum Regional Cooperative Milk Producers Union (TRCMPU) increased to ₹746.21 crore from ₹635.89 crore (17.35 per cent increase) in the corresponding period of the last fiscal. Ernakulam Regional Cooperative Milk Producers Union (ERCMPU) posted a higher turnover of ₹571.04 crore as against ₹515.79 crore (increase of 10.71 per cent). Malabar Regional Cooperative Milk Producers Union (MRCMPU) garnered turnover of ₹1,011.62 crore as against ₹855.24 crore.
K S Mani, Chairman, Milma, said the company’s performance reinforced Milma‘s firm position as the market leader and the high consumer confidence it enjoys on account of the unassailable quality of its products. The higher turnover also means higher procurement of milk from dairy farmers affiliated to Milma’s cooperative network, who have benefited from the measures taken by the Milma federation and the regional unions to scale up production and productivity without compromising on the welfare of the farmers.
Source: BusinessLine Economy
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