Dodla Dairy Q2 PAT climbs 45% YoY to Rs 63 cr

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    New Delhi, October 23, 2024: The dairy product maker reported 45.36% surge in consolidated net profit to Rs 63.38 crore on 29.94% jump in revenue from operations to Rs 997.62 crore in Q2 FY25 over Q2 FY24.

    Profit before tax (PBT) stood at Rs 86.27 crore in Q2 FY25, registering a growth of 45.52% from Rs 59.28 crore recorded in the corresponding quarter previous year.

    During the quarter, total expenses jumped 28.77% YoY to Rs 920.91 crore. Cost of materials consumed stood at Rs 612.36 crore (down 7.48% YoY) while employee benefit expenses was at Rs 39.71 crore (up 17% YoY) during the quarter.

    EBITDA jumped by 37.17% YoY to Rs 96.3 crore in the second quarter of FY25. EBITDA margin improved to 9.6% in Q2 FY25 as against 9.1% posted in Q2 FY24.

    The companys domestic business grew by 26.2% YoY to Rs 903.2 crore whereas, the international business saw a robust 81.1% YoY growth and registered revenue of Rs 94.4 crore in Q2 FY25.

    In Q2 FY25, average milk procurement was at 17.2 LLPD as compared to 17 LLPD (lakh liter per day) in Q2 FY24, registering 1.17% YoY growth. Average milk sales stood at 11.6 LLPD, up 6.42% YoY. Curd sales was at 323.8 MTPD (up 4.63% YoY) during the period under review.