Quote on Dodla Dairy - 4QFY21 Result Update By Mr. Amarjeet Maurya, Angel Broking Ltd
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Below are Quote on Dodla Dairy - 4QFY21 Result Update by Mr. Amarjeet Maurya, AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, Dodla Dairy Ltd (DDL) reported revenue of ~Rs531cr (up ~1% YoY). On the EBITDA front, the company has reported ~Rs36cr and EBITDA margin at 6.8%, which is up by 410bps yoy due to lower raw materials cost. On the bottom-line front, Net Profit was at ~Rs10cr as compared to loss of ~Rs2 mn in Q4FY20. Overall 4QFY21 results were in line with expectation. Hence, we are positive on stock.
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