Dodla Dairy targets 10% volume growth this year

By DairyNews7x7•Published on February 22, 2025

Dodla Dairy expects 10% volume growth and 15% revenue growth in the financial year ending March 2025.

In an interview with CNBC-TV18, Dodla's Executive Director and Managing Director Dodla Sunil Reddy outlined plans for a new plant in Maharashtra, which will start operations within 18-24 months from March 2025. The company aims to procure 25 lakh litres of milk per day within 3-4 years.

The upcoming Maharashtra plant will have a capacity of 10 lakh litres per day, including a 60-tonne powder production unit and the ability to sell 2-2.5 lakh litres per day of liquid milk and curd.

“In Maharashtra, we are already operating in procurement. We have a small plant in Shelgaon, Solapur district, where we are procuring 2-2.5 lakh litres of milk daily,” Reddy said.

Reddy highlighted Dodla Dairy’s market position, stating that it is the top private dairy player in Karnataka and ranks among the top three in Andhra Pradesh, Tamil Nadu, and Telangana.

He also expects consolidation in the dairy industry, hinting at inorganic growth through acquisitions in India and Africa.

Dodla Dairy is also expanding its animal feed business, with revenue expected to reach ₹300 crore in the future. The current capacity is projected to hit ₹200 crore in FY26, with further expansion planned.

“And while we reach the ₹300 crore capacity, and if milk procurement volume also increases, we will have to add more plants, but we will take it at the appropriate time when these capacities come closer to fulfilment,” Reddy said.

Dodla Dairy’s market capitalisation stands at ₹6,177.87 crore, and its shares have gained nearly 1% in the past year.