Hyderabad, India | January 30, 2025 – Dodla Dairy Limited (NSE: DODLA, BSE: 543306) has announced its financial results for the quarter and nine months ended December 31, 2024, showcasing strong revenue growth and profitability. The Board has also approved a ₹280 crore capital expenditure for a new plant and infrastructure in Maharashtra, partially funded through internal accruals and debt.
Key Financial Highlights (Standalone)
Quarter Ended December 31, 2024 (YoY & QoQ comparison)
| (₹ in Million) | Q3 FY25 | Q3 FY24 | Q2 FY25 | YoY Growth | QoQ Growth |
|---|---|---|---|---|---|
| Revenue from Operations | ₹8,025.55 | ₹7,007.83 | ₹9,031.94 | 14.5% | -11.2% |
| Other Income | ₹265.62 | ₹60.84 | ₹98.87 | 238.0% | 108.0% |
| Total Income | ₹8,321.17 | ₹7,068.71 | ₹9,130.81 | 16.4% | -9.8% |
| Profit Before Tax (PBT) | ₹956.48 | ₹660.07 | ₹979.30 | 44.9% | -2.3% |
| Net Profit (PAT) | ₹762.94 | ₹493.78 | ₹804.47 | 54.4% | -5.3% |
| Earnings Per Share (EPS) | ₹12.70 | ₹9.39 | ₹9.89 | 35.3% | 28.5% |
Nine Months Ended December 31, 2024
| (₹ in Million) | 9M FY25 | 9M FY24 | YoY Growth |
| Revenue from Operations | ₹25,336.63 | ₹21,789.28 | 16.3% |
| Profit Before Tax (PBT) | ₹2,486.38 | ₹1,585.74 | 56.7% |
| Net Profit (PAT) | ₹1,902.79 | ₹1,163.81 | 63.5% |
| EPS | ₹31.72 | ₹19.36 | 63.9% |
Key Financial Highlights (Consolidated)
The Quarter Ended December 31, 2024
| (₹ in Million) | Q3 FY25 | Q3 FY24 | YoY Growth |
| Revenue from Operations | ₹9,021.23 | ₹7,648.41 | 17.9% |
| Net Profit (PAT) | ₹835.45 | ₹611.32 | 36.7% |
| Earnings Per Share (EPS) | ₹10.51 | ₹8.69 | 20.9% |
Nine Months Ended December 31, 2024
| (₹ in Million) | 9M FY25 | 9M FY24 | YoY Growth |
| Revenue from Operations | ₹27,336.15 | ₹23,891.15 | 14.4% |
| Net Profit (PAT) | ₹1,990.85 | ₹1,672.56 | 19.0% |
| EPS | ₹32.20 | ₹29.80 | 8.1% |
Strategic Expansion – ₹280 Crore Capex for Maharashtra Facility
The Board of Directors has approved a ₹280 crore capital expenditure for the setup of a new plant, machinery, and infrastructure in Maharashtra, which includes ₹15 crore previously sanctioned for land acquisition. This strategic investment will be funded through internal accruals and debt, reflecting the company’s expansion plans and growing demand for dairy products.Management Commentary
Dodla Sunil Reddy, Managing Director of Dodla Dairy Limited, stated:Outlook
- Revenue Growth: The company anticipates continued double-digit revenue growth fueled by increased demand for dairy products and expansion in key markets.
- Operational Efficiencies: Focus on cost optimization and expanding product portfolio to sustain profitability.
- Capex Execution: Timely execution of the Maharashtra expansion is expected to contribute to long-term revenue and margin growth.