Business Highlights
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  • Achieved a turnover of Rs. 504.77 Crore during 2016-17.
  • There was a gross profit of Rs. 149.17 Crore, but due to huge interest liability on outstanding loans in Tie-up business, there is a net loss of Rs. 40.75 Crore.
  • The share capital increased from Rs. 24.18 Crore to Rs. 24.28 Crore as on 31.3.2017.
  • Membership of the Federation stood at 854 as on 31.3.2017.
  • Continued to enjoy the status of Export House as per Certificate of recognition issued by Ministry of Commerce, Government of India.
  • In its commercial operations, NAFED achieved a turnover of Rs. 504.77 Crore in domestic trading of various agricultural commodities, which include PSS and PSF business also.
  • Continued to be the one of the Central Nodal Agencies of the Government of India for procurement of notified Oilseeds, Pulses & Cotton under Price Support Scheme. NAFED procured oilseeds and pulses valuing of Rs. 965.30 Crore under Price Support Scheme during 2016-17.
  • NAFED took initiative for buffer stocking of Pulses (Toor/Moong/Urad/Gram/Masoor) & Onion under PSF and procured the same to the value of Rs. 4155.38 Crore.
  • Undertaken Seed business to the tune of Rs. 32.37 Crore mainly through NBF Indore by empanelled seed producers under centrally sponsored scheme NMOOP & NFSM for distribution to Government Departments/ Institutions during 2016-17.
  • NAFED marketed Groceries & other Consumer items valued around Rs. 24.76 Crore directly to the Consumers and also catered to the Institutional supplies which include various Fruits & Vegetables valuing Rs. 7.85 Crore under outright account in domestic trade.
  • To assist Poultry farmers, NAFED handled Eggs & Poultry feed valued at Rs. 2.26 Crore during the year 2016-17.
  • Nafed has 42 freehold and leasehold properties in the form of Plots, Lands, Godowns, Industrial Units, Pack Houses, Onion Storage structures and Cold Storage as well as residential and office premise at different locations in the country. Presently Nafed is having Godown capacity of 50,200 MT, Cold storage capacity of 9565 MTs, Onion storage capacity of 4400 MTs and Empty Container Yard of 20,008 Sq. Mt.
  • During the year 2016-17, Nafed achieved a business turnover of Rs. 504.77 Crore by way of domestic trade only. The domestic trade includes business in Outright Account and Price Support Scheme (PSS) / Price Stabilization Fund (PSF) on behalf of Government of India.