Dodla Dairy Q1 profit down 3 pc to Rs 63 cr

Revenue growth muted amid input cost pressures and subdued demand

Dodla Dairy
Dodla Dairy Photo: Dodla Dairy
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 Dodla Dairy Ltd on Monday reported a 3 per cent decline in its consolidated net profit to Rs 62.87 crore in the June quarter.

Its net profit stood at Rs 65.02 crore in the year-ago period.

Total income, however, rose to Rs 1,023.78 crore in the first quarter of this fiscal against Rs 918.53 crore in the corresponding period of the preceding year.

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The company's expenditure increased to Rs 942.80 crore during the period under review compared to Rs 825.73 crore a year ago.

Hyderabad-based Dodla Dairy procures, processes, and sells milk and milk products. The company procures milk from five states, and products are available in 13 states.

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