₹39,200 crore despite the COVID-19 pandemic, its Managing Director R S Sodhi said on Sunday. Gujarat Co-operative Milk Marketing Federation Ltd (GCMMF) had posted a 17 per cent jump in revenue during the financial year 2019-20 to ₹38,550 crore.
In an interview with PTI, Sodhi said the growth slowed down during the last fiscal but he expects sales to bounce back in the current financial year 2021-22. "We achieved two per cent growth in turnover during the last fiscal year to ₹39,200 crore," Sodhi told PTI.
However, he highlighted that the turnover of its branded consumer products like fresh milk, cheese, curd, butter milk and paneer increased 8.5-9 per cent.