Weak summer demand and higher procurement costs dented Q1 margins, but Africa growth and diversification into eastern and western India keep the structural growth story strong
Kotak Mahindra Bank, Inox Wind, MTAR Technologies, VA Tech Wabag, Jindal Saw, Dalmia Bharat, Oberoi Realty, Mangalore Refinery and Petrochemicals, PC Jeweller, L&T Finance, and Jio Financial Services will also be in focus on October 21.
The Hyderabad-based dairy company’s net profit jumped 86.24 percent to Rs 65 crore in the three-month period ended June 30, compared to Rs 34.98 crore reported in the same period of the previous financial year, the company said in an exchange filing
UltraTech Cement, Mahindra & Mahindra Financial Services, RattanIndia Enterprises, Adani Ports and Special Economic Zone, SMC Global Securities, GlaxoSmithKline Pharmaceuticals, and Zee Entertainment will also be in focus on Wednesday.
FY25 is expected to see an accelerated double-digit growth for DDL, thanks to a pick-up in domestic milk volumes, commencement of a new plant in Kenya, and a massive increase in cattle feed capacity
We expect DDL to continue to gain market share as it enters new geographies adjacent to current operations such as Maharashtra, Goa, and Odisha
The company's reported an improvement on all three metrics of revenue, profit and profitability in the July-September quarter.