Monday, October 25, 2021

Dodla Dairy Q2FY22 net profit decline in Q2FY22 | Impact & Outlook

  


Dodla Dairy Q2FY22 net profit decline by 30.92%

The sales rose 22.87% to Rs566.37cr in the quarter ended September 2021.


Dodla Dairy Ltd. one of India’s leading integrated dairy companies has announced its financial results for the first quarter ended September 30th, 2021.

The net profit of the company declined 30.92% to Rs29.40cr in the quarter ended September 2021 as against Rs42.56cr during the previous quarter ended September 2020. The sales rose 22.87% to Rs566.37cr in the quarter ended September 2021 as against Rs460.96cr during the previous quarter ended September 2020.


Stock Outlook

Although stock reacted positive on the result announcement but currently avoid will be better . Stock can remain range bound with negative nature, In downside 552 looks support zone and in upside 644 will act as resistance for short term. Plan your trade accordingly.




Disclaimer- The information on this blog are based on my personal opinion and experience, it should not be considered professional financial investment advice and in no way it should be considered as a tip. We does not take any compensation of any kind whatsoever from any reader, user and company that are mention on this website. We are not SEBI registered financial advisor or analyst.


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