Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Half Year ended 30 September 2026 (Q2 FY27, H1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations 30 & 33
Date of Board Meeting / Approval: 28 October 2026
Audit Opinion: Unmodified Limited Review Report
Auditor’s Comment: Nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement.
Key Financial Highlights [₹ in crores]
Standalone Results:
Quarter ended 30-Sep-26 (Unaudited) vs 30-Sep-25 (Unaudited):
- Revenue from Operations: ₹955.66 vs ₹936.06 (YoY change not explicitly calculated)
- Total Income: ₹967.62 vs ₹945.21
- Net Profit: ₹25.08 vs ₹33.83
- EPS (Basic): ₹4.15 vs ₹5.61
- EPS (Diluted): ₹4.15 vs ₹5.61
Half year ended 30-Sep-26 (Unaudited) vs 30-Sep-25 (Unaudited):
- Revenue from Operations: ₹1,891.72 vs ₹1,755.26
- Total Income: ₹1,912.83 vs ₹1,795.61
- Net Profit: ₹46.83 vs ₹53.77
- EPS (Basic): ₹7.76 vs ₹8.91
- EPS (Diluted): ₹7.76 vs ₹8.91
Standalone Balance Sheet (as at 30-Sep-26, Unaudited):
- Paid-up equity share capital: ₹60.33 crore
- Other Equity: ₹1,436.92 crore
- Total Assets: ₹1,834.19 crore
- Cash and Cash Equivalents: ₹112.30 crore
Consolidated Results:
Quarter ended 30-Sep-26 (Unaudited) vs 30-Sep-25 (Unaudited):
- Revenue from Operations: ₹1,196.02 vs ₹1,018.82
- Total Income: ₹1,211.52 vs ₹1,030.20
- Net Profit: ₹40.64 vs ₹65.67
- EPS (Basic): ₹6.74 vs ₹10.89
- EPS (Diluted): ₹6.74 vs ₹10.89
Half year ended 30-Sep-26 (Unaudited) vs 30-Sep-25 (Unaudited):
- Revenue from Operations: ₹2,393.96 vs ₹2,025.69
- Total Income: ₹2,418.48 vs ₹2,053.98
- Net Profit: ₹77.23 vs ₹128.53
- EPS (Basic): ₹12.80 vs ₹21.31
- EPS (Diluted): ₹12.80 vs ₹21.31
Consolidated Balance Sheet (as at 30-Sep-26, Unaudited):
- Paid-up equity share capital: ₹60.33 crore
- Other Equity: ₹1,613.75 crore
- Total Assets: ₹2,200.76 crore
- Cash and Cash Equivalents: ₹151.75 crore (Gross), ₹147.70 crore (Net of overdraft)
Segment-wise Performance:
The consolidated financial results relate to "Milk and Milk Products" as the only reportable primary segment.
Geographical Revenue (Consolidated):
Quarter ended 30-Sep-26:
- India: ₹1,015.51 crore
- Outside India: ₹180.51 crore
- Total: ₹1,196.02 crore
Half year ended 30-Sep-26:
- India: ₹2,057.97 crore
- Outside India: ₹335.99 crore
- Total: ₹2,393.96 crore
Non-Current Assets (Consolidated, as at 30-Sep-26):
- India: ₹1,215.28 crore
- Outside India: ₹124.98 crore
- Total: ₹1,340.26 crore
Corporate Actions:
Dividend: A final dividend of ₹5 per equity share (face value of ₹10 each), aggregating to ₹30.16 crore, was recommended by the Board on 16 May 2026, approved by shareholders at the AGM on 14 July 2026, and paid during the current quarter (Q2 FY27).
Joint Venture: The Board approved a proposal to establish a Joint Venture company in India in collaboration with Meadow India Holdings Limited (MIHL). The proposed equity participation is 40% by Dodla Dairy and 60% by MIHL. The JV will undertake the business of marketing and selling high-quality dairy ingredients to the B2B market in India. This is subject to the execution of the Joint Venture Agreement, completion of necessary formalities, and receipt of applicable regulatory and statutory approvals.
Entities included in Consolidation:
Holding Company: Dodla Dairy Limited
Subsidiaries: Dodla Holdings Pte Limited (Singapore), Lakeside Dairy Limited (Uganda), Dodla Dairy Kenya Limited (Kenya), Orgafeed Private Limited (India), Country Delight Dairy Limited (Kenya), HR Food Processing Private Limited (India [from 01-Aug-2025])
Associate: Global VetMed Concepts India Private Limited, India