Dodla recorded it's highest-ever 9 months performance in FY 25
Excerpts from the Press release by Dodla Dairy..
“I am delighted to share with you that the company reported its highest-ever nine month performance during the period with revenues of Rs. 28,104 Mn (20% YoY growth), EBITDA of Rs. 2,973 Mn (11% margin), and PAT of Rs. 1,920 Mn (7% margin).
During the quarter, we reported a healthy 21% revenue growth on a YoY basis while maintaining our margins, thanks to the healthy festive demand coming in just as we anticipated. Based on our strong relations with the farmers, procurement remained stable at 17.1 LLPD.
The performance of our Indian dairy operations was well complemented by the performance of Africa and Orgafeed businesses, both of which delivered healthy growth rates on the back of higher capacity utilisation levels. With our eyes on growth, the company is keen on expanding its manufacturing footprint in the state of Maharashtra, and the Board of Directors has approved capex of Rs. 280 crores for the same. Owing to our strong balance sheet position, we will be able to fund this capex with a combination of internal accruals and debt.”... Mr Dodla Sunil Reddy Managing Director Dodla Dairy
Source : Dairynews7x7 Feb 02nd 2025 Press release Dodla Dairy