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).
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.
