The Haryana State Cooperative Supply and Marketing Federation Limited (HAFED) have recorded net profit of Rs 41 crore, with a turnover of Rs 5,489 crore during 2010-11.
While stating this on Monday, an official spokesman said the activities of HAFED would be further accelerated so that farmers would get maximum facilities and remunerative prices of their produce.
He said that some of the key projects were also being undertaken so as to further enhance the profit during the current financial year.
He said HAFED is also undertaking new farmer-friendly activities like contract farming and organic farming. Further steps would be taken to make the service of HAFED more excellent, qualitative and customer oriented.
Spokesman said last year HAFED had signed an agreement with Kotak Mahindra Group with Rs 16 crore share capitals so as to provide latest rates of crops to farmers. He said HAFED has for the first time exported rice and mustard oil to USA under its own brand name during financial year 2010-11.