Dodla Dairy hits record high after PAT soars 86% YoY in Q1 FY25
Dodla Dairy zoomed 12.88% to Rs 1,305.35 after the dairy product maker reported 85.93% jump in consolidated net profit to Rs 65.02 crore on 10.70% increase in revenue from operations to Rs 911.59 crore in Q1 FY25 over Q1 FY24. Profit before tax stood at Rs 92.79 crore in Q1 FY25, registering a growth of […]
Hatsun Agro Dairy firm’s stock gains over 5% after net profit surges 63% in Q1
Hatsun Agro shares are trading over 5% higher on Tuesday, July 16, after the company reported a 62.9% increase in net profit at ₹130.5 crore for the first quarter that ended June 30, 2024. In the corresponding quarter, Hatsun Agro Products posted a net profit of ₹80.1 crore, the company said in a regulatory filing. […]
Should investors milk the profit in Heritage Foods now?
Heritage Foods (CMP: Rs. 626, Market Capitalisation: Rs. 5,814 crores, Under-weight), a leading dairy company with a diversified product portfolio that includes milk and milk-based products, posted a healthy revenue growth of 16 percent year on year (YoY) in the fourth quarter. This was primarily aided by a 20 percent increase in the volume of value-added […]
Dodla dairy stock jumps 7% in a weak market; here’s why
Shares of Dodla Dairy jumped 7 percent to Rs 726 per share on the BSE on October 4 after the company’s wholly-owned subsidiary, Orgafeed, started a new manufacturing cattle feed plant at Kuppam, Andhra Pradesh. The S&P BSE Sensex was down 364 points or 0.5 percent to 65,147 levels, as of 11:00 am. On a year-to-date (YTD) […]
Heritage foods shows an upward trend in Gross margins and EBIDTA
Heritage Foods (HFL) has doubled from its March low (down 58% from its January-2018-high). FY20 was a challenging year owing to a harsh season, which dragged down core Ebitda by 32% y-o-y. That said, we remain convinced about HFL’s prospects following: (i) Margin revival on the back of benign milk prices and pricing power to […]
