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The Hindu
21-07-2025
- 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.
Time of India
19-07-2025
- 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
Time of India
18-07-2025
- Business
- Time of India
Dodla Dairy acquires Jharkhand's Osam Dairy for Rs 271 crore
AI image HYDERABAD: Dodla Dairy, a listed Hyderabad-based dairy player, has acquired 100% stake in Jharkhand-based Osam Dairy for a cash consideration of Rs 271 crore. The transaction, which is based on an enterprise value of Rs 247 crore and net cash of Rs 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. Dodla Dairy managing director Dodla Sunil Reddy said the strategic move marks a milestone in the company's journey to become a pan-India dairy player. 'As a market, eastern India is a very exciting market for the dairy industry with faster growth as compared to the national average. This market supports a large population, and milk consumption has immense headroom for growth driven by high urbanisation potential and strong GDP growth,' he said. The deal will enable the Hyderabad-based dairy player to expand its footprint in the eastern market, achieve significant operational synergies and fuel its long-term growth plan, Dodla Dairy's CEO BVK Reddy said in a business update conference call, as per a BSE filing. Reddy said OSAM, which has a presence in Bihar and Jharkhand and other nearby regions, has a product basket including milk and value-added products like curd, lassi, paneer, sweets, ghee and other related products that aligns well with Dodla's product portfolio and will create a high synergy when it comes to strategic diversification. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo 'The acquisition will enhance our milk procurement and processing capabilities as well as farmer network in the eastern region. Their procurement network of over 25,000 farmers is spread across Bihar, Jharkhand, and West Bengal. In terms of infrastructure, they have more than 1,000 collection centres, 19 chilling centres, and two operational plants as of 31st March 2025. Their average daily milk procurement is 1.1 lakhs per day,' he said. While Dodla Dairy clocked revenues of Rs 3720 crore in financial year 2024-25, Osam Dairy, which is promoted by Abhinav Shah and Harsh Thakkar, recorded revenues of Rs 283 crore during the same period. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Entrepreneur
18-07-2025
- Business
- Entrepreneur
Dodla Dairy Acquires Osam Dairy for INR 271 Cr in Strategic Expansion Move
InCred Capital acted as the exclusive financial advisor to Osam Dairy and its shareholders. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Dodla Dairy, a prominent South India-based dairy company, has announced the full acquisition of Osam Dairy for a consideration of INR 271 crore. The deal marks a significant development in the Indian dairy industry, particularly in the Eastern region, where large-scale acquisitions have been relatively rare. Osam Dairy, established in 2012, operates in Bihar, Jharkhand, and other Eastern Indian markets. The company runs a vertically integrated supply chain with two processing plants, more than 1,000 collection centers, and a procurement network involving over 25,000 dairy farmers. Processing around 1.1 lakh litres of milk daily, Osam has become a key regional player with a strong local presence. Dodla Dairy, founded in 1995, is one of leading integrated dairy companies. With procurement operations spread across five states and products available in 13, it boasts 190 milk chilling plants and over 2,900 agents. The company also operates 839 Dodla Retail Parlours as of March 2025 and has a growing international footprint in Uganda and Kenya. Dodla Sunil Reddy, Managing Director of Dodla Dairy, said, "We are thrilled to announce the proposed acquisition of Osam, marking a significant milestone in Dodla's journey. This strategic move underscores our commitment to becoming a Pan-India dairy company. Eastern India presents a highly promising market for dairy growth, and we see strong potential through this partnership." The acquisition signals not just expansion but a broader shift in industry dynamics. It underlines the rising interest of national players in regional markets and highlights the untapped growth potential in Eastern India. Abhinav Shah, Promoter and outgoing CEO of Osam Dairy, stated, "This acquisition marks the beginning of Osam's next chapter. Over the past decade, we've built a strong foundation, and joining hands with Dodla will accelerate the company's growth, leveraging their scale and operational excellence." InCred Capital acted as the exclusive financial advisor to Osam Dairy and its shareholders. Ashish Ambwani, Managing Director at InCred Capital, noted, "This transaction represents a landmark moment for Osam Dairy, which has carved a distinct niche in the competitive dairy sector of Eastern India. We're proud to have advised on this transformative deal." The acquisition reflects growing investor confidence in regional dairy ventures and signals an evolving ecosystem in the Indian dairy sector.
News18
18-07-2025
- Business
- News18
Dodla Dairy acquires Osam Dairy for Rs 271 cr
Agency: PTI New Delhi, Jul 18 (PTI) South India-based Dodla Dairy on Friday announced the acquisition of eastern India's premium dairy brand Osam Dairy for Rs 271 crore, marking a significant expansion into the high-growth eastern market. The 100 per cent acquisition of Osam Dairy represents one of the first large-scale deals in eastern India's dairy sector and underscores the region's potential to attract institutional capital, the companies said in a joint statement. 'We are thrilled to announce the proposed acquisition of Osam, marking a significant milestone in Dodla's journey. This strategic move underscores our commitment to becoming a pan-India dairy company," Dodla Dairy Managing Director Dodla Sunil Reddy said. He said eastern India is an exciting market for the dairy industry with faster growth compared to the national average, supported by high urbanisation potential and strong GDP growth. The transaction marks an exit for Osam Dairy's promoters Abhinav Shah and Harsh Thakkar, along with private equity investors who had backed the company. 'This acquisition marks the beginning of Osam's next chapter. Over the past decade, we've built a strong foundation, and joining hands with Dodla will accelerate the company's growth," Shah, the outgoing Osam Dairy CEO, said. InCred Capital acted as the exclusive financial advisor to Osam Dairy and its shareholders on the acquisition, which was completed in just over four months. 'This transaction represents a landmark moment for Osam Dairy, which has carved a distinct niche in the competitive dairy sector of Eastern India," InCred Capital Managing Director Ashish Ambwani said. PTI LUX TRB TRB view comments First Published: July 18, 2025, 15:15 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
