22 Dec 2024

Dodla Dairy | Dodla Dairy Third Quarter 2024 Earnings: Misses Expectations

Dodla Dairy (NSE:DODLA) Third Quarter 2024 Results

Edited by: Damián Morais

Dodla Dairy (NSE:DODLA) Third Quarter 2024 Results

Key Financial Results

Revenue: ₹7.53b (up 11% from 3Q 2023).
Net income: ₹413.3m (up 17% from 3Q 2023).
Profit margin: 5.5% (up from 5.2% in 3Q 2023). The increase in margin was driven by higher revenue.
EPS: ₹6.95 (up from ₹5.95 in 3Q 2023).

earnings-and-revenue-growth — NSEI:DODLA Earnings and Revenue Growth January 28th 2024

All figures shown in the chart above are for the trailing 12 month (TTM) period

Dodla Dairy Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 15%.

Looking ahead, revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Food industry in India.

The company’s shares are up 3.3% from a week ago.

Balance Sheet Analysis

While it’s very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on Dodla Dairy’s balance sheet health.

Look also

India’s milk market stable with low inflation rates in November

Alka Upadhyaya, Secretary of the Department of Animal Husbandry and Dairying (DAHD), stated that the milk supply in India remains stable, with the Wholesale Price Index (WPI) and Consumer Price Index (CPI) inflation rates for milk recorded at 2.09 per cent and 2.85 per cent, respectively, in November 2024.

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