Corporate

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.

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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