Dodla Dairy Q1 Results Live : Dodla Dairy declared their Q1 results on 22 Jul, 2024, showcasing impressive growth in both revenue and profit. The topline increased by 10.71% year-over-year, while the profit saw a significant rise of 85.94% YoY.
In comparison to the previous quarter, Dodla Dairy experienced a revenue growth of 15.77% and a profit increase of 38.85%.
The company’s Selling, general & administrative expenses went up by 17.15% quarter-over-quarter and 13.09% year-over-year, indicating a need for cost management strategies.
On the operational front, Dodla Dairy’s operating income surged by 52.21% q-o-q and an impressive 98.15% Y-o-Y, reflecting efficient business operations.
The Earnings Per Share (EPS) for Q1 stood at ₹10.81, marking an 83.84% increase Y-o-Y, showcasing strong financial performance.
Market performance wise, Dodla Dairy delivered a 10.92% return in the last 1 week, 46.26% return in the last 6 months, and a significant 41.8% Year-to-Date (YTD) return, attracting investor interest.
Currently, Dodla Dairy holds a market capitalization of ₹7408.63 Cr with a 52-week high/low of ₹1346.1 & ₹651.25 respectively, indicating market stability.
Analyst recommendations as of 23 Jul, 2024, reveal that out of 4 analysts covering the company, 1 analyst has given a Buy rating, while 3 analysts have given a Strong Buy rating, aligning with a consensus Strong Buy recommendation.
Overall, Dodla Dairy’s Q1 results reflect robust financial performance, operational efficiency, and positive market sentiments, positioning the company for sustained growth in the upcoming quarters.