Dodla Dairy shines on reporting 11% rise in Q2 consolidated net profit
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Dodla Dairy is currently trading at Rs. 700.15, up by 28.80 points or 4.29% from its previous closing of Rs. 671.35 on the BSE.
The scrip opened at Rs. 699.95 and has touched a high and low of Rs. 728.85 and Rs. 683.90 respectively. So far 15960 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. 728.85 and Rs. 666.50 respectively. The current market cap of the company is Rs. 4165.38 crore.
The promoters holding in the company stood at 62.21%, while Institutions and Non-Institutions held 27.90% and 9.88% respectively.
Dodla Dairy has reported results for second quarter ended September 30, 2023 (Q2FY24).
The company has reported 16.88% rise in its net profit at Rs 39.96 crore for Q2FY24 as compared to Rs 34.19 crore for the same quarter in the previous year. Total income of the company increased by 11.30% at Rs 722.32 crore for Q2FY24 as compared Rs 648.99 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 10.52% rise in its net profit at Rs 43.60 crore for the quarter under review as compared to Rs 39.45 crore for the same quarter in the previous year. Total income of the company increased by 10.47% at Rs 774.44 crore for Q2FY24 as compared Rs 701.03 crore for the corresponding quarter previous year.
