Dodla Dairy Reports Strong Financial Performance in Q2 FY25, Net Sales Reach Record High

Oct 23 2024 01:02 PM IST
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Dodla Dairy, a leading FMCG company, has reported a positive financial performance in the quarter ending September 2024. The company's net sales have reached a record high, showing a strong growth potential. However, there are concerns regarding the declining operating cash flow and reliance on non-business income.

Dodla Dairy, a leading FMCG company in the midcap segment, has recently announced its financial results for the quarter ending September 2024. The company’s stock has been given a ‘Hold’ call by MarketsMOJO.

According to the financial report, Dodla Dairy has shown a positive performance in the quarter, with a score of 8 out of 16. This is a significant improvement from the previous quarter’s score of 16.


One of the key highlights of the financial report is the company’s net sales, which have reached a record high of Rs 997.62 crore in the last five quarters. This is a positive trend and indicates a strong growth potential for the company in the near future.


Moreover, the net sales have grown at a rate of 24.2% over the average net sales of the previous four quarters, which stood at Rs 803.41 crore. This further reinforces the positive sales trend for Dodla Dairy.


The company’s profit after tax (PAT) has also shown a significant growth of 28.8% over the average PAT of the previous four quarters, which was Rs 49.20 crore. This indicates a strong financial performance and a positive trend for the company’s profitability.


However, there are some areas that need improvement for Dodla Dairy. The operating cash flow for the company has been consistently falling in the last three years, with the latest figure standing at Rs -0.71 crore. This is a cause for concern as it indicates a decline in the company’s cash revenues from business operations.


Additionally, the non-operating income for the quarter has reached a record high of Rs 9.57 crore. While this may seem like a positive development, it is important to note that this income is from non-business activities and may not be sustainable in the long run.


Overall, Dodla Dairy has shown a positive financial performance in the quarter ending September 2024. With a strong growth potential in net sales and profitability, the company is poised for a promising future in the FMCG industry.


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