Latest news with #DodlaDairy
The Hindu
4 days ago
- Business
- The Hindu
Dodla Dairy Q1 net dips to ₹62.8 crore
Dodla Dairy's consolidated net profit declined marginally for the quarter ended June at ₹62.8 crore compared to the ₹65 crore a year earlier. The lower net profit came on more than 10% increase in the revenue from operations to nearly ₹1,007 crore (₹911.59 crore). It was the highest-ever revenue registered by the company and coincided with its highest-ever procurement of 18.7 LLPD. Managing Director Dodla Sunil Reddy said several factors influenced the performance. 'Our Indian operations were impacted due to a shorter summer, resulting in lower sales from summer related VAP products like curd, lassi and ice cream. On the African side, while the business increased in revenue terms, our margins fell due to the focus on capturing higher market share in Kenya with the operations of the new plant in that region,' he said. The impact of these factors became even more pronounced as the performance in the corresponding quarter last year was very strong in both markets across the product portfolio, he said. On Monday, the company's shares declined 7.57% to close at ₹1,337.35 each on the BSE.
Business Standard
4 days ago
- Business
- Business Standard
Dodla Dairy consolidated net profit declines 3.31% in the June 2025 quarter
Sales rise 10.45% to Rs 1006.87 croreNet profit of Dodla Dairy declined 3.31% to Rs 62.87 crore in the quarter ended June 2025 as against Rs 65.02 crore during the previous quarter ended June 2024. Sales rose 10.45% to Rs 1006.87 crore in the quarter ended June 2025 as against Rs 911.60 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 10 OPM %8.1911.53 -PBDT98.75111.00 -11 PBT80.9892.80 -13 NP62.8765.02 -3 Powered by Capital Market - Live News
Business Upturn
4 days ago
- Business
- Business Upturn
Dodla Dairy shares drop 4% after Q1 EBITDA falls 22% YoY to Rs 83 crore, net profit down 3.4%
By Aman Shukla Published on July 21, 2025, 11:37 IST Dodla Dairy shares declined more than 4% in early trade after the company announced its Q1 FY26 results. As of 11:33 AM, the shares were trading 3.98% lower at Rs 1,392.00. The dairy firm reported a 3.4% year-on-year (YoY) drop in net profit at ₹62.8 crore compared to ₹65 crore in the same quarter last year. Revenue for the quarter rose 10% YoY to ₹1,007 crore, up from ₹912 crore, showing steady topline growth. However, operating performance weakened, with EBITDA falling 22% YoY to ₹83 crore from ₹105 crore. The EBITDA margin also declined to 8.2% from 11.5% in the year-ago period, indicating cost pressures. Dodla Dairy shares opened at ₹1,459.00 and, at the time of writing, touched a high of ₹1,465.90 before dipping to a low of ₹1,377.10. Dodla Dairy has been showing strong price action in recent months. The stock's 52-week high is ₹1,525.00, while the 52-week low stands at ₹965.50. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
6 days ago
- Business
- Time of India
Dodla Dairy acquires Eastern India's Osam Dairy for Rs 271 crore
New Delhi: Dodla Dairy has acquired a 100 per cent stake in Osam Dairy for Rs 271 crore, the company said in a press release on Friday. The deal brings together Dodla's scale and operational footprint with Osam's regional presence in Eastern India. The acquisition is seen as a step toward Dodla's pan-India expansion strategy and underscores growing investor interest in Eastern India's dairy market. Promoters Abhinav Shah and Harsh Thakkar, along with private equity investors, have exited as part of the transaction. 'We see tremendous synergies with Osam, which, when combined with Dodla's strong operational experience, will enable us to take this to the next level,' said Dodla Sunil Reddy , Managing Director, Dodla Dairy. InCred Capital acted as the exclusive financial advisor to Osam Dairy and its shareholders.
Time of India
7 days ago
- Business
- Time of India
Eastern push: Dodla Dairy acquires 100% stake in Jharkhand-based Osam Dairy; Rs 271 crore deal signed
HYDERABAD: Dodla Dairy, a listed Hyderabad-based dairy player, has acquired 100% stake in Jharkhand-based Osam Dairy for a cash consideration of ₹271 crore. The transaction, which is based on an enterprise value of ₹247 crore and net cash of ₹23.8 crore, is expected to be completed in one or two months from the date of signing the share purchase agreement (SPA), Dodla Dairy said. Set up in 2012 and promoted by Abhinav Shah and Harsh Thakkar, Osam has over 1,000 collection centres, 19 chilling centres, and two operational plants as of March 31, 2025. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad It recorded revenues of ₹283 crore in 2024-25. Dodla Dairy managing director Dodla Sunil Reddy said the strategic move marks a key milestone in Dodla's journey to become a pan-India dairy player. 'Eastern India is a very exciting market for dairy industry with faster growth as compared to the national average. This market supports a large population. Milk consumption has immense headroom for growth driven by high urbanisation potential and strong GDP growth,' he said. 'The acquisition will enhance our milk procurement and processing capabilities as well as farmer network in eastern region. Their procurement network of 25,000 farmers is spread across Bihar, Jharkhand, and West Bengal with an average daily procurement of 1.1 lakh,' Dodla Sunil Reddy further said. The acquisition will enhance our milk procurement and processing capabilities as well as farmer network in eastern region, says Dodla Dairy MD Dodla Sunil Reddy
