Dodla Dairy zooms on reporting 40% rise in Q1 consolidated net profit
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Dodla Dairy is currently trading at Rs. 873.00, up by 106.55 points or 13.90% from its previous closing of Rs. 766.45 on the BSE.
The scrip opened at Rs. 779.95 and has touched a high and low of Rs. 908.40 and Rs. 774.35 respectively. So far 59214 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 908.40 on 24-Jul-2023 and a 52 week low of Rs. 417.00 on 13-Mar-2023.
Last one week high and low of the scrip stood at Rs. 908.40 and Rs. 609.70 respectively. The current market cap of the company is Rs. 5007.80 crore.
The promoters holding in the company stood at 62.21%, while Institutions and Non-Institutions held 28.64% and 9.16% respectively.
Dodla Dairy has reported results for first quarter ended June 30, 2023 (Q1FY24).
Dodla Dairy has reported 59.91% rise in its net profit at Rs 27.04 crore for the quarter under review as compared to Rs 16.91 crore for the same quarter in the previous year. Total income of the company increased by 16.40% at Rs 770.05 crore for Q1FY24 as compared Rs 661.54 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 40.33% rise in net profit at Rs 34.97 crore for the quarter ended June 30, 2023 as compared to Rs 24.92 crore for the same quarter in the previous year. Total income of the company increased by 15.14% at Rs 830.65 crore for Q1FY24 as compared Rs 721.40 crore for the corresponding quarter previous year.
