BusinessPhoto: Deccan HeraldHamul Faces Rs 8.9 Crore Monthly Loss Due to Milk Price Hike: H D...
Hassan Milk Union (Hamul) incurs a monthly loss of Rs 8.9 crore following a recent Rs 8 per litre increase in Nandini milk prices, said Hamul president and MLA H D Revanna. Despite the price hike, additional payments of Rs 7 per litre to milk producers cause revenue shortfalls, leading to an estimated annual loss of Rs 110 crore. Losses on milk powder production add Rs 3.5 crore monthly.
Deccan Herald··Hassan



