2014-15 has been a significant year for Dodla. We achieved a revenue of Rs.1,024 Cr as against 848 Cr in the previous year - a 20.75% revenue growth on year on year basis. During the year we also made critical forays into domestic as well as overseas markets.
Going forward we continue to update our vision which is "To be a world class dairy company by providing high quality Products and Services". Our business model encompasses a healthy proposition of governance, focus on quality improvement, creating customer value, going global, social responsibility strategic expansions and improving process efficiency through technology adoption.
Our mission continues to be, to supply good and safe milk products consistently through continual improvement of our systems and practices. While our vision and mission are the twin basic principles to deliver quality dairy products, we also make Dodla attractive to dairy farmers by making them as our business partners. Receiving fresh quality milk gives Dodla the strength to grow. The company's current milk procurement volume is over 9 lakh liters per day. With expansions underway, we still have room for more milk and more farmers in our fold. We would keep the milk wheel turning to secure future supplies of the raw material that is the very basis of our existence. One of the key initiatives during the year has been implementation of GPRS enabled electronic milko analysers at our milk procurement points to improve the milk quality and make every transaction with the dairy farmer transparent. This initiative has helped the company to connect directly with the farmers circumventing middlemen. With this technology initiative we are able to generate the milk quality & quantity report at the time of procurement and provide the report instantly to each farmer. Based on the report generated the payment to the farmer is made in every 10 days. Routing the payment through the bank, ensures transparency and enables the farmers to derive the benefits of financial inclusion such as savings and obtaining farmer loans. I take this opportunity to thank our farmers, employees, associates and banks who together have contributed to our good performance. We will continue to surpass our previous performance in the years to come.
D. Sesha Reddy