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Highlights
- Sales over the Year and quarter: The company experienced a substantial growth of 10.71 % in the past year, substantial increase in net sales/revenue by 15.77 %.
- Income over the Year and quarter: There has been decline in other income over the past year which is -4.02 %, Marginal decrease of -11.15% in other income during this quarter.
- Profit over the Year and quarter: Significant improvement in profitability for Dodla Dairy Limited. Notable increase of 85.94 % in net profit Year to Year, Dodla Dairy Limited’s profitability increased by 38.85 % in this quarter.
- EPS over the Year and quarter: EPS increased by 85.88 % Year to Year. EPS increased by 38.88 % in previous quarter. Positive impact on shareholders.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 823.428 Cr | Rs. 787.446 Cr | Rs. 911.597 Cr | + 15.77 % | + 10.71 % |
Expenses | Rs. 763.08 Cr | Rs. 712.02 Cr | Rs. 806.49 Cr | + 13.27 % | + 5.69 % |
Operating Profit | Rs. 60.35 Cr | Rs. 75.43 Cr | Rs. 105.11 Cr | + 39.35 % | + 74.17 % |
OPM % | 7.33 % | 9.58 % | 11.53 % | + 1.95 % | + 4.2 % |
Other Income | Rs. 7.22 Cr | Rs. 7.8 Cr | Rs. 6.93 Cr | -11.15 % | -4.02 % |
Interest | Rs. 0.37 Cr | Rs. 0.76 Cr | Rs. 1.05 Cr | + 38.16 % | + 183.78 % |
Depreciation | Rs. 16.48 Cr | Rs. 18.33 Cr | Rs. 18.2 Cr | -0.71 % | + 10.44 % |
Profit before tax | Rs. 50.72 Cr | Rs. 64.14 Cr | Rs. 92.79 Cr | + 44.67 % | + 82.95 % |
Tax % | 31.05 % | 26.99 % | 29.93 % | + 2.94 % | -1.12 % |
Net Profit | Rs. 34.97 Cr | Rs. 46.83 Cr | Rs. 65.02 Cr | + 38.84 % | + 85.93 % |
EPS in Rs | Rs. 5.83 | Rs. 7.79 | Rs. 10.81 | + 38.77 % | + 85.42 % |
Today, we’re looking at Dodla Dairy Limited’s financial performance for the Q1(Jun 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 10.71 %. However, it did see a marginal increase of 15.77 % from the previous quarter. Expenses ticked up slightly by 13.27 % quarter-on-quarter, aligning with the annual rise of 5.69 %. Operating profit, while up 74.17 % compared to last year, faced a quarter-on-quarter increase of 39.35 %, signaling a short-term expansion in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 4.2 %, but an expansion of 1.95 % sequentially. Other income fell by -11.15 % compared to the last quarter, despite an annual decline of -4.02 %. Interest expenses surged remarkably by 38.16 % from the previous quarter, yet the year-over-year increase remains at a moderate 183.78 %. Depreciation costs fell by -0.71 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 10.44 %. Profit before tax grew annually by 82.95 % but saw an increase from the preceding quarter by 44.67 %.
Tax expenses as a percentage of profits decreased slightly by -1.12 % compared to last year, with a more notable quarter-on-quarter increase of 2.94 %. Net profit rose by 85.93 % year-on-year but experienced a 38.84 % expansion from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 85.42 % but a quarterly rise of 38.77 %. In summary, Dodla Dairy Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.
Metrics | Previous Year | Previous Quarter | Current Quarter | Quarter to Quarter Difference | Year to Year Difference |
---|---|---|---|---|---|
Sales | Rs. 823.428 Cr | Rs. 787.446 Cr | Rs. 911.597 Cr | + 15.77 % | + 10.71 % |
Expenses | Rs. 763.08 Cr | Rs. 712.02 Cr | Rs. 806.49 Cr | + 13.27 % | + 5.69 % |
Operating Profit | Rs. 60.35 Cr | Rs. 75.43 Cr | Rs. 105.11 Cr | + 39.35 % | + 74.17 % |
Net Profit | Rs. 34.97 Cr | Rs. 46.83 Cr | Rs. 65.02 Cr | + 38.84 % | + 85.93 % |
EPS in Rs | Rs. 5.83 | Rs. 7.79 | Rs. 10.81 | + 38.77 % | + 85.42 % |
In reviewing Dodla Dairy Limited’s 2024(Q1) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 10.71 % year-on-year growth, however, there was a minor increase of 15.77 % from the previous quarter. Expenses rose by 5.69 % compared to the previous year, with a 13.27 % increase quarter-on-quarter. Operating Profit surged by 74.17 % annually, and saw a 39.35 % increase from the last quarter.
Net Profit showed yearly increase of 85.93 %, and experienced a 38.84 % increase from the previous quarter. Earnings Per Share (EPS) rose by 85.42 % annually, however rose by 38.77 % compared to the last quarter. In essence, while Dodla Dairy Limited exhibits strong annual growth indicators, short-term improvements suggest the potential for recovery and the importance of strategic adjustments to counter market challenges effectively. That’s all for now in the financial sector.