Mr. Sunil Reddy MD, Dodla Dairy on Dairy Business outlook 2023
Mr Sunil Reddy talked about their current and future business plans in an interview with Zee Business. He shared the value and volume growth details of his business. He also discussed the seasonal demand scenario in dairy in South India in coming year. Watch his video at the following link. https://www.zeebiz.com/market-news/video-gallery-sector-outlook-2023-mr-sunil-reddy-dodla-managing-director-dodla-dairy-ltd-in-talk-with-zee-business-214923 Source : Zeebiz market […]
Dodla Dairy Sep22 Net Sales at Rs 695.32 crore, up 22.77% Y-o-Y
Reported Consolidated quarterly numbers for Dodla Dairy are: Net Sales at Rs 695.32 crore in September 2022 up 22.77% from Rs. 566.37 crore in September 2021. Quarterly Net Profit at Rs. 39.45 crore in September 2022 up 34.2% from Rs. 29.40 crore in September 2021. EBITDA stands at Rs. 64.62 crore in September 2022 down […]
IPO is just part of a long-term play in dairy market: Dodla Dairy’s Reddys
Dodla MD Sunil Reddy (left) and BVK Reddy, the CEO with Anuradha SenGupta Dodla Dairy, which went public almost a year ago, is a Hyderabad-based milk and dairy products company that has focused on the southern market. As it begins the 25th year of its operations, the company spells out its growth plans. Moneycontrol caught up with Dodla […]
DAIRY NEWS Top dairy industry stock picks as per ICICI securities report
ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in June’22, wholesale milk prices jumped 5.8 per cent year on year in India. ICICI Securities has analysed the dairy sector, expecting milk inflation to continue high in FY23. The brokerage has highlighted that in […]
The road towards a sustainable future : Milky mist Dairy
Dodla Dairy has won the Promising Organisation award instituted by for the Indian Biogas Association (IBA), for its contribution towards biogas generation from waste and efficient usage on its premises; also contribution to the biogas industry as a whole. IBA is the association of operators, manufacturers, and planners of biogas plants. The company has been […]
Dodla Dairy shares jumped over 19% after acquiring Sri Krishna Milks
Shares of Dodla Dairy Limited jumped over 19 per cent to hit an intraday high of Rs 548 on BSE after the company announced that it has acquired Karnataka-based Sri Krishna Milks Private Limited for Rs 50 crore to expand its business. In a regulatory filing, Dodla Dairy informed that the company has executed an […]
Dodla Dairy to acquire Sri Krishna Milks for Rs 50 crore
Dodla Dairy Ltd , the Hyderabad-headquartered listed dairy firm, on March 19 announced the acquisition of Karnataka-based Sri Krishna Milks Private Ltd for Rs 50 crore. Sri Krishna Milks was incorporated in March 1989, and was the first private sector dairy company in Karnataka state, according to a stock exchange announcement. The objective of the […]
Dodla Dairy created multiple competitive advantages in the dairy industry
Dodla Dairy has created multiple competitive advantages in the fast growing dairy industry. Apart from cluster approach in South India, it has developed (i) strong brands; (ii) 100% direct milk procurement network; and (iii) direct distribution model. The company also focusses on products that generate RoCE in excess of cost of capital such as milk […]
Dodla Dairy share touched Rs 609, a 42% premium to the issue price
Dodla Dairy and Krishna Institute of Medical Sciences (KIMS) made a strong debut on Monday. The shares of Dodla Dairy got listed at Rs 528, a 23 per cent premium to the issue price. The stock gained another 15 per cent on Monday and closed the session at Rs 609, a 42 per cent premium to […]
Dodla dairy’s IPO oversubscribed by 45.62 times on day 3
The public issue of Dodla Dairy has seen a subscription of 45.62 times as the offer received bids for 38.80 crore equity shares against IPO size of 85.07 lakh equity shares on June 18, the final day of bidding. The qualified institutional buyers have put in bids for 84.88 times of their reserved portion and that of non-institutional […]