Dodla Dairy Q1: Net profit rises 40.32% to Rs 34.97 crore, revenue up 14.84%
Dodla Dairy reported a consolidated net profit of Rs 34.97 crore for the quarter ended June, up 40.32 percent from Rs 24.92 crore in the year- ago period. On July 21, the company reported a 14.84 percent YoY (year-on-year) rise in consolidated revenue from operations at Rs 823.42 crore against Rs 716.99 crore a year ago. […]
Dodla Dairy’s Returns On Capital Not Reflecting Well On The Business
What are the early trends we should look for to identify a stock that could multiply in value over the long term? Firstly, we’ll want to see a proven return on capital employed (ROCE) that is increasing, and secondly, an expanding base of capital employed. Basically this means that a company has profitable initiatives that it can continue to […]
Early signs of emerging stability in milk prices
Global SMP prices have corrected 35% YoY in Feb’23. Even after adjusting for benefits of INR depreciation, we believe the profitability in SMP exports is very weak. Lower SMP exports will likely reduce the mismatch between demand and supply of milk in India. Though the cattle feed prices are still in inflationary zone, we model […]
Mr. Sunil Reddy MD, Dodla Dairy on Dairy Business outlook 2023
Mr Sunil Reddy talked about their current and future business plans in an interview with Zee Business. He shared the value and volume growth details of his business. He also discussed the seasonal demand scenario in dairy in South India in coming year. Watch his video at the following link. https://www.zeebiz.com/market-news/video-gallery-sector-outlook-2023-mr-sunil-reddy-dodla-managing-director-dodla-dairy-ltd-in-talk-with-zee-business-214923 Source : Zeebiz market […]
Dodla Dairy Sep22 Net Sales at Rs 695.32 crore, up 22.77% Y-o-Y
Reported Consolidated quarterly numbers for Dodla Dairy are: Net Sales at Rs 695.32 crore in September 2022 up 22.77% from Rs. 566.37 crore in September 2021. Quarterly Net Profit at Rs. 39.45 crore in September 2022 up 34.2% from Rs. 29.40 crore in September 2021. EBITDA stands at Rs. 64.62 crore in September 2022 down […]
IPO is just part of a long-term play in dairy market: Dodla Dairy’s Reddys
Dodla MD Sunil Reddy (left) and BVK Reddy, the CEO with Anuradha SenGupta Dodla Dairy, which went public almost a year ago, is a Hyderabad-based milk and dairy products company that has focused on the southern market. As it begins the 25th year of its operations, the company spells out its growth plans. Moneycontrol caught up with Dodla […]
DAIRY NEWS Top dairy industry stock picks as per ICICI securities report
ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in June’22, wholesale milk prices jumped 5.8 per cent year on year in India. ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in […]
The road towards a sustainable future : Milky mist Dairy
Dodla Dairy has won the Promising Organisation award instituted by for the Indian Biogas Association (IBA), for its contribution towards biogas generation from waste and efficient usage on its premises; also contribution to the biogas industry as a whole. IBA is the association of operators, manufacturers, and planners of biogas plants. The company has been […]
Dodla Dairy shares jumped over 19% after acquiring Sri Krishna Milks
Shares of Dodla Dairy Limited jumped over 19 per cent to hit an intraday high of Rs 548 on BSE after the company announced that it has acquired Karnataka-based Sri Krishna Milks Private Limited for Rs 50 crore to expand its business. In a regulatory filing, Dodla Dairy informed that the company has executed an […]
Dodla Dairy to acquire Sri Krishna Milks for Rs 50 crore
Dodla Dairy Ltd , the Hyderabad-headquartered listed dairy firm, on March 19 announced the acquisition of Karnataka-based Sri Krishna Milks Private Ltd for Rs 50 crore. Sri Krishna Milks was incorporated in March 1989, and was the first private sector dairy company in Karnataka state, according to a stock exchange announcement. The objective of the […]
