A STUDY ON FINANCIAL PERFORMANCE METRICS OF SELECTED CO-OPERATIVE DAIRIES IN GUJARAT
Keywords:
Cooperative Dairies, Gujarat, Financial Performance, Comparative AnalysisAbstract
Cooperative dairies in Gujarat are pivotal players in the state's dairy industry, renowned globally for its milk production and dairy products. These dairies operate under a cooperative model where farmers pool resources and collectively manage production, processing, and marketing activities. This cooperative structure not only empowers farmers by providing them with better bargaining power and access to resources but also ensures equitable distribution of profits and benefits. This study investigates the financial performance metrics of selected cooperative dairies in Gujarat, focusing on Madhur Dairy, Sursagar Dairy, and Panchamrut Dairy over the period from 2018-19 to 2022-23. Cooperative dairies play a crucial role in Gujarat's dairy industry, characterized by collective ownership and operation aimed at enhancing farmer livelihoods and ensuring sustainable milk production. The financial analysis includes key metrics such as Current Ratio, Operating Profit Margin, and Return on Assets to assess liquidity, profitability, and asset management efficiency across these dairies. The study aims to provide insights into their financial health and comparative performance within the cooperative sector.
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