The Board of Dodla Dairy Limited has conducted a meeting where it approved the unaudited standalone and consolidated financial results for the quarter and nine months ending December 31, 2024. Key performance highlights include a revenue from operations of Rs. 2,533.66 crore for the nine-month period, up from Rs. 2,178.93 crore in the previous year. Profit before tax stood at Rs. 248.64 crore, reflecting an increase compared to Rs. 158.57 crore last year. The Board also authorized a capital expenditure of Rs. 280 crore for establishing new plant and machinery in Maharashtra, intending to be financed through internal accruals and debt.
Overall, the results indicate a positive trajectory in revenue and profitability, while the expansion plans suggest a proactive approach to growth. Investors should watch closely as these developments could enhance operational capacity and market position.