Goa Dairy earned net profit of Rs. 2.25 crore for F.Y 20-21

The Goa Dairy chairman Durgesh Shirodkar announced that the Dairy had earned a net profit of around Rs. 2.25 crore for the financial year 2020-21. Shirodkar stated that the three-member administrative committee, appointed by the government, had managed to bring the Goa Diary’s business back into profit from its last financial year’s loss of around Rs 6.41 crore.

This was only possible because the administrative committee ensured steps to control ‘milk leakages’ during the transportation, while handling factory matters, thereby saving huge amounts of money.

Further, Shirodkar stated that the Dairy also kept a strict watch on the payments and other systems to avoid any misappropriation.

According to him, during the period March 2020 to April 2021, the Goa Dairy earned a profit of around Rs 3.75 crore out of which Rs 1.50 crore had been given back to the farmers as a price difference.

Shirodkar also informed that the Goa Diary’s cattle feed plant, which used to run into losses for the past many years, had managed to make profit every month of the last financial year.

 

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