Dodla dairy has achieved remarkable recognition at the prestigious 2024/25 Vision Awards Annual Report Competition, securing three major awards from the League of American Communications Professionals (LACP) for its FY 2024-25 annual report. The company announced these achievements through a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Award Recognition Details

The dairy company received comprehensive recognition across multiple categories, demonstrating excellence in corporate communication and transparency. The awards acknowledge both technical excellence and global competitive positioning in annual report development.

Industry Excellence Recognition

The Platinum Award represents the highest level of recognition within Dodla Dairy's industry category, acknowledging the company's superior approach to annual report development. This award specifically recognizes excellence in presenting comprehensive business information, financial performance, and strategic direction to stakeholders.

Global Competitive Standing

Among all reports reviewed globally, Dodla Dairy achieved the #41 ranking in the Top 100 Reports Worldwide category. This international recognition places the company among the elite group of organizations worldwide that demonstrate exceptional standards in annual report preparation and presentation.

Technical Communication Excellence

The Technical Achievement Award honors Dodla Dairy's overall excellence in the art and method of annual report communications. This recognition focuses on the technical aspects of report design, information architecture, and communication effectiveness that enhance stakeholder understanding and engagement.

Corporate Commitment

These awards reflect Dodla Dairy's commitment to transparency, quality disclosures, and excellence in corporate reporting. The company's achievement in securing recognition across multiple award categories demonstrates comprehensive excellence in stakeholder communication and regulatory compliance.

The League of American Communications Professionals conducts the Vision Awards competition annually, evaluating annual reports from organizations worldwide based on communication effectiveness, design excellence, and overall presentation quality.

Dodla Dairy Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on January 27, 2026, following review by the Audit Committee and limited review by statutory auditors S.R. Batliboi & Associates LLP.

Standalone Financial Performance

The company's standalone operations showed mixed results for Q3FY26. While net profit increased quarter-on-quarter, revenue from operations experienced a decline.

For the nine months ended December 31, 2025, standalone revenue reached ₹25,767.83 million compared to ₹25,336.63 million in the corresponding period of the previous year, marking a 1.7% increase. Net profit for the nine-month period stood at ₹1,729.30 million versus ₹1,902.79 million in the previous year.

Consolidated Results Show Strong Performance

The consolidated financial results demonstrated robust growth, particularly in revenue from operations, benefiting from the acquisition of HR Food Processing Private Limited (Osam Dairy).

For the nine months ended December 31, 2025, consolidated revenue from operations reached ₹30,507.29 million compared to ₹28,104.42 million in the previous year, representing an 8.5% growth. Consolidated net profit for the nine-month period was ₹1,972.73 million versus ₹1,919.65 million in the corresponding period.

Management Commentary on Operational Challenges

During the earnings conference call held on January 28, 2026, Managing Director Dodla Sunil Reddy highlighted key operational challenges that impacted the quarter's performance. The company faced significant procurement cost pressures, with milk procurement costs increasing by ₹2.50 per liter sequentially due to industry-wide milk supply shortage caused by erratic rainfall.

The management noted that procurement cost increases were particularly severe in Maharashtra (10% increase) compared to other states (6-7% increase). The company chose not to fully pass on these cost increases to maintain market share during the subdued winter demand period.

Key Financial Highlights and Exceptional Items

The quarter's results were influenced by two significant one-time items that impacted the financial performance:

Exceptional Items:

• Implementation of New Labour Codes resulted in exceptional charges of ₹56.27 million (standalone) and ₹56.92 million (consolidated)
• These charges represent estimated one-time increases in employee benefit provisions due to legislative amendments

Tax Adjustments:

• Favorable income tax appellate tribunal orders resulted in prior period tax adjustments of ₹218.24 million (standalone) and ₹218.81 million (consolidated)
• These adjustments relate to transfer pricing matters for earlier assessment years

Earnings Per Share and Segment Performance

The company's earnings per share performance reflected the mixed operational results:

The consolidated segment-wise revenue analysis shows the geographical distribution of operations, with India contributing ₹8,925.26 million and international operations contributing ₹1,325.15 million during Q3FY26.

Strategic Expansion Plans and Outlook

The company outlined significant expansion plans during the earnings call. The Maharashtra project is progressing as scheduled and is expected to start commercial operations by end of FY27, with ₹69.00 million already invested out of the planned ₹2,800.00 million total capex.

The acquisition of HR Food Processing Private Limited (Osam Dairy) for ₹2,710.00 million, completed in August 2025, has been consolidated from August 1, 2025. The transaction resulted in recognition of net assets of ₹1,393.68 million and goodwill of ₹1,316.32 million, contributing to the enhanced consolidated performance.

Management expects margin improvement in upcoming quarters as seasonal demand patterns normalize and the company implements strategic pricing adjustments to offset procurement cost pressures.