Dodla Dairy Ltd posted a 3.6% year-on-year growth in consolidated net profit to ₹65.7 crore for Q2 FY26, up from ₹63.4 crore in the same quarter last year. Revenue increased 2.1% to ₹1,018.8 crore, backed by steady demand for milk, curd, paneer, and ghee across its core markets.
Despite elevated procurement and logistics expenses, the company preserved margins through cost-control initiatives and improved realisations in key product lines. Profit before tax stood at ₹82.8 crore, down 4.1% YoY but up 2.2% sequentially, while earnings per share improved to ₹10.89.
In the first half of FY26, Dodla reported consolidated revenues of ₹2,025.7 crore, up 6.1% YoY, with net profit steady at ₹128.5 crore, showcasing operational resilience amid input volatility. Domestic sales contributed ₹903.8 crore, while overseas operations in Uganda and Kenya generated 11% of total revenue, underscoring the company’s growing international reach.
Total assets increased to ₹1,933.9 crore, with net worth at ₹1,531.1 crore, reflecting continued investment in expansion and capacity enhancement. Despite the steady performance, shares of Dodla Dairy traded 3.3% lower at ₹1,248.80 following the results.
The company is expected to focus on improving milk procurement efficiency, enhancing brand visibility, and scaling value-added product segments to maintain profitability. Analysts view Dodla’s balanced domestic and overseas portfolio as a long-term strength in a competitive dairy landscape.
With steady cash flows and a strategic shift towards premium dairy products, Dodla Dairy remains well-positioned to leverage India’s rising consumption of value-added milk products and maintain its growth trajectory.
