Date: October 30, 2026
KMP / Board / Auditor Changes
Not Specified
Dividend Declaration or Non-Declaration
Not Specified
Board Meeting Outcomes
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Financial Results (Standalone & Consolidated)
The report mentions consolidated revenue of ₹4,526 crore for FY 2025-26, representing 9.47% year-on-year growth. Standalone revenue from operations was ₹44,151 Mn (₹4,415.1 crore), up 8.20% from FY25's ₹40,805 Mn. Standalone net worth increased by 12.3% to ₹10,638 Mn from ₹9,471 Mn.
Auditor’s Report
Not Specified
Disinvestment / Strategic Actions
Not Specified
Other Operational / Legal / Strategic Disclosures
Sustainability Governance
- Sustainability governance operates across three tiers: Board of Directors, Vice Chairperson & Managing Director/Executive Director, and Whole Time Director
- Board-approved policies aligned with all nine principles of National Guidelines on Responsible Business Conduct (NGRBC)
- Board Committee oversees ESG initiatives, monitors implementation and reviews policy effectiveness
Environmental Performance
Energy Management:
- Total energy consumption: 844,339 GJ (up 4.5% YoY)
- Renewable energy consumption: 73,915 GJ (13.47% increase YoY), representing 8.75% of total energy consumption
- Installed renewable energy capacity: 14.37 MW (8.07 MW solar + 6.30 MW wind), up 18.37% from 12.14 MW
- Renewable sources met 37% of total electricity consumption
- Energy intensity: 1.29 GJ/MT (physical output basis), up 1.6% YoY
Emissions Management:
- Scope 1 emissions: 5,631.97 tCO₂e (down 11.7% YoY)
- Scope 2 emissions: 35,875.56 tCO₂e (up 3.9% YoY)
- Total Scope 1+2 emissions: 41,507.53 tCO₂e (up 1.5% YoY)
- Scope 1+2 intensity: 0.06324 tCO₂e/MT (down from 0.0642)
- Scope 3 emissions: 23,457.00 tCO₂e (up 42.5% YoY due to boundary expansion)
- Green credits generated: 11.11 million under MoEFCC's Green Credit Programme
Water Management:
- Total water withdrawal: 10,46,055.46 KL (up 1.7% YoY)
- Total water consumption: 9,59,373.54 KL
- Water intensity: 1.46 KL/MT (physical output), down 7.0% YoY
- All manufacturing plants operate Effluent Treatment Plants (ETPs)
- Zero Liquid Discharge (ZLD) programme implemented across Packing Plants (except Corporate Office, Rai, Uppal)
- Rainwater harvesting systems across all plants
Waste Management:
- Total waste generated: 726.44 MT (up 94.7% YoY)
- Waste composition: 4.11 MT waste oil, 722.33 MT boiler ash, 0.10 MT construction waste
- Waste recycled/reused: 2,309.48 MT
- Waste disposed: 2,017.33 MT (incineration, landfill, other)
- Plastic waste management: 2,309 MT recycled, 1,295 MT sent for incineration under EPR
- Extended Producer Responsibility obligation met for FY2026
Social Performance
Workforce:
- Total workforce: 6,467 (3,327 employees + 3,140 workers)
- Gender diversity: 15.19% women overall (2.44% of employees, 28.69% of workers)
- Board diversity: 50% women directors
- KMP diversity: 33.33% women
- Employee turnover: 19.11% (up from 16.73%), female employee turnover improved to 9.15% from 15.28%
- 100% of employees returning from parental leave resumed work and were retained
- Training: 95 programmes for employees, 90 for workers covering food safety, quality, HSE, operations
Health & Safety:
- Zero fatalities (improved from 1 in FY25)
- LTIFR for employees: 0.968 (improved from 1.000)
- Recordable injuries: 7 (down from 8)
- 100% of operational premises assessed for health and safety
- 100% accident insurance coverage
- 100% statutory retirement benefits (PF, Gratuity)
Human Rights:
- 44.79% employees and 44.90% workers trained on human rights policies
- Zero incidents of child labor, forced labor, discrimination, or human rights violations
- Zero complaints relating to working conditions, health and safety, or human rights
- Zero complaints under Whistle Blower/Vigil Mechanism
Farmer Engagement & Value Chain:
- Procures milk from approximately 3,00,000 dairy farmers across 9 states
- 19 manufacturing plants in 15 locations with installed capacity of 2.95 million litres per day
- Distribution through 7,500+ distributors and 2,25,000+ retail outlets across 13 states
- Farmer initiatives: 351 training programmes, 16,798 farmers benefited, 95,000+ cattle treated through 4,209 vet camps, over 44,000 artificial insemination services
- Domestic procurement: 98.74% of total inputs by value
- MSME & small producer sourcing: 82.94% of total inputs by value (down from 89.03%)
- 65% of value chain partners assessed on health/safety practices and working conditions
Consumer Engagement:
- 1,019 customer complaints received, 100% resolved, zero pending
- ISO 27001 certification achieved for information security
- Zero data breaches involving customer personal information
- 100% product information disclosed
CSR Initiatives:
- Net CSR obligation: ₹12.58 million
- ₹2.58 million spent on ongoing construction of blood bank center at Vijayawada
- ₹10.00 million transferred to Unspent CSR Account for multi-year Rural Development Programme (to be utilized by March 2029)
Governance Performance
- Golden Peacock Award for Excellence in Corporate Governance 2025 (third time receiving)
- Zero incidents of bribery, corruption, or conflict of interest
- Zero anti-competitive behavior cases or adverse regulatory orders
- 100% of Related Party Transactions approved by Audit Committee/Board
- Average accounts payable period: 19.23 days
- Distribution network: 7,580 dealers/distributors (99.42% of sales)
- Top 10 distributors accounted for 11.30% of sales (up from 7.94%)
- Industry associations: FTCCI, Indian Dairy Association, CII
Awards & Recognition
- Golden Peacock Award for Excellence in Corporate Governance 2025 (Institute of Directors)
- Great Place to Work certification
- India's Best Workplaces in Manufacturing 2026
- India's Best Workplaces in FMCG sector 2025
- AmbitionBox Employee Choice Award 2025 (Top Rated FMCG Company)
- CII Certificate of Appreciation for Commendable Effort in Food Safety 2025
- IOD Distinguished Fellowship for Mrs. N. Bhuvaneswari (Vice Chairperson & MD)
- Outstanding Dairy Professional Award 2025 for Mrs. N. Bhuvaneswari
- CIO100 Award and CXO100 Vision Award for digital transformation