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    • Prabhat Dairy sees relaxation in milk prices by end of summer

      Prabhat Dairy, Joint Managing Director, Vivek Nirmal, attributed the price rise to a 15-20 percent increase in milk procurement prices in the recent past. He, however, was hopeful of some relaxation in milk prices at the end of the summer season.

    • Prabhat Dairy chief sees no impact of demonetisation on milk biz

      In an interview with CNBC-TV18, Vivek Nirmal, Joint MD of of the company, says that demonetisation is not having an impact on their business as they make payments directly to customers for milk procurement business.

    • See 75% revenue from value-added products: Prabhat Dairy

      In an interview to CNBC-TV18, Vivek Nirmal, Joint Managing Director of Prabhat Dairy said that domestic realisations are improving.

    • Prabhat Dairy forays into northern states

      "This expansion is aimed at part of our strategy to develop our business to consumers category in the northern market and take the company to new heights. The long shelf life products will be made available in this region," Prabhat Dairy Joint Managing Director Vivek Nirmal said in a release.

    • Expect 20% growth in FY17; no capex plans: Prabhat Dairy

      Prabhat Dairy has also started the Ghar Jaisa Dahi campaign in Mumbai and Pune with a heavy focus on its curd based value added products. The company is targeting around 15000 outlets in the two cities.

    • Will repay loans worth Rs 185 cr from IPO: Prabhat Dairy

      Speaking to CNBC-TV18, Vivek Nirmal, Joint MD of Prabhat Dairy says of the amount raised, the company will use Rs 185 crore to repay loans as it has a long term debt of 235 crore. This will help reduce its interest cost substantially aiding company in future, he says.

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