NCCF Aims 45% Growth in Turnover this Fiscal to ₹12,000 Cr on Better Agri Business

National Cooperative Consumers' Federation of India Ltd (NCCF) is targeting a 45% growth in its turnover this fiscal to ₹12,000 crore mainly on better business in agriculture commodities, its Chairman Vishal Singh said on Friday.

He highlighted that the NCCF clocked a turnover of ₹8,270 crore in the last fiscal year, up from ₹5,968.96 crore in the 2023-24 financial year.

The net profit increased to ₹216 crore in 2024-25 from ₹182.25 crore in the preceding year, the NCCF Chairman told reporters here.

When asked about the revenue outlook for the current fiscal, Singh said the NCCF is targeting a turnover of ₹12,000 crore and expressed confidence that it would easily achieve the goal.

Out of the ₹8,270 crore revenue last fiscal, the NCCF Chairman said the procurement operation undertaken on behalf of the Central and State governments contributed around ₹7,500 crore, while the remaining comes from the construction business.

NCCF Managing Director Anice Joseph Chandra said the federation has around 19 own outlets and the plan is to expand it to 40-45 stores by the end of this fiscal.

The NCCF is in discussion with metros in key cities to open outlets, she said.

Chandra said the NCCF is targeting to increase its shares in procurement operations in agri-commodities, including onion.

The NCCF has also launched its own brand 'Janah' to sell consumer goods.

NCCF was established on 16th October 1965 to function as the apex body of consumer cooperatives in the country. It is registered under the Multi-State Co-operative Societies Act, 2002. It operates through a network of 29 Branch Offices located in different parts of the country.