Dodla Dairy ‘s Q2 Update: Profit Grows by 45.37% YoY

The comprehensive analytics outlining the performance and outlook of Dodla Dairy Limited‘s stock. This analysis encompasses various metrics including stock performance, investor sentiment, market trends, future outlook, risk factors, investment opportunities, long-term strategy, dividend policy, analyst insights, and the overall risk-reward profile. These insights aim to provide investors with a holistic understanding of the company”s stock, enabling informed decision-making and strategic investment planning.

Today, we’re looking at Dodla Dairy Limited’s financial performance for the Q2(Sep 2024).Starting with the top line, the company reported a robust year-over-year sales growth of 29.94 %. However, it did see a marginal increase of 9.44 % from the previous quarter. Expenses ticked up slightly by 11.76 % quarter-on-quarter, aligning with the annual rise of 29.23 %. Operating profit, while up 37.03 % compared to last year, faced a quarter-on-quarter dip of -8.43 %, signaling a short-term contraction in margins.
The Operating Profit Margin (OPM) % echoes this narrative, showing resilience on an annual basis with an increase of 0.5 %, but a shrinkage of -1.88 % sequentially. Other income rose by 37.92 % compared to the last quarter, despite an annual growth of 43.06 %. Interest expenses dropped significantly by -20 % from the previous quarter, yet the year-over-year increase remains at a moderate 110 %. Depreciation costs climbed by 2.75 % quarter-on-quarter, whereas on an annual scale, they saw an increase of 8.47 %. Profit before tax grew annually by 45.52 % but saw a reduction from the preceding quarter by -7.03 %.
Tax expenses as a percentage of profits increased slightly by 0.08 % compared to last year, with a more notable quarter-on-quarter decrease of -3.39 %. Net profit rose by 45.37 % year-on-year but witnessed a -2.52 % contraction from the last quarter. And finally, Earnings Per Share (EPS) displayed an annual uptick of 45.18 % but a quarterly fall of -2.5 %. In summary, Dodla Dairy Limited’s annual performance indicates steady growth, although the quarter-on-quarter figures suggest some areas may require strategic attention.

In reviewing Dodla Dairy Limited’s 2024(Q2) financial snapshot, key trends emerge, shedding light on the company’s performance.Sales saw a robust 29.94 % year-on-year growth, however, there was a minor increase of 9.44 % from the previous quarter. Expenses rose by 29.23 % compared to the previous year, with a 11.76 % increase quarter-on-quarter. Operating Profit surged by 37.03 % annually, and saw a -8.43 % decrease from the last quarter.
Net Profit showed yearly increase of 45.37 %, and experienced a -2.52 % decrease from the previous quarter. Earnings Per Share (EPS) rose by 45.18 % annually, however dipped by -2.5 % compared to the last quarter. In essence, while Dodla Dairy Limited exhibits strong annual growth indicators, short-term fluctuations suggest the need for agile strategies to navigate market dynamics effectively. That’s all for now in the financial sector.