Dodla Dairy Limited — Updates, 30-01-2025: Press Release

**Financial Highlights:** Dodla Dairy Ltd reported strong operational performance for Q3 FY25, with revenues reaching ₹9,012 Mn, up 20.7% YoY. EBITDA grew 15.8% YoY to ₹959 Mn, resulting in an EBITDA margin of 10.6%. Profit After Tax (PAT) surged by 53.8% YoY to ₹636 Mn, with a PAT margin of 7.1%. For the nine-month period, revenues reached ₹28,104 Mn, a 20.2% increase, with PAT growing 60.1% to ₹1,920 Mn.

**Strategic Initiatives and Growth Drivers:** The board approved a capital expenditure plan of ₹280 Cr aimed at expanding manufacturing operations in Maharashtra, reflecting a commitment to growth and enhanced capacity.

**Business Developments:** The company's domestic revenue increased by 14.5% to ₹8,026 Mn, while the international segment saw remarkable growth of 114% YoY, contributing ₹985 Mn in Q3 FY25.

**Market Position and Competitive Advantage:** Dodla Dairy's diverse product portfolio and strong procurement relationships with farmers have bolstered its market position. The company currently has a robust distribution network across India and international operations in Africa.

**Investor Implications:** The strong financial performance, significant growth in value-added products, and strategic expansion plans suggest a positive outlook for Dodla Dairy, offering solid investment potential amidst the expanding dairy market.