Dodla Dairy Limited has informed the Exchange about Appointment of Internal Auditors
DODLA · price
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Awaiting price reaction for this filing.
Dodla Dairy's board approved audited FY25 results with standalone revenue from operations rising to Rs. 3,341.5 crore (from Rs. 2,906.9 crore in FY24), and standalone profit after tax of Rs. 247 crore (up from Rs. 154 crore), a growth of about 60% year-on-year. The board recommended a final dividend of Rs. 2 per share (20%) on top of the Rs. 3 interim dividend declared in October 2024, taking total FY25 dividend to Rs. 5 per share. Mr. Dodla Sunil Reddy was re-appointed as Managing Director for a fresh 5-year term from 1 April 2026 to 31 March 2031, subject to shareholder approval. The board also appointed KPMG Assurance and Consulting Services LLP as internal auditors for FY26, MNM & Associates as secretarial auditors for a 5-year term, and reappointed J K & Co as cost auditors. The 30th AGM is scheduled for 14 July 2025, with the record date for dividend entitlement set as 7 July 2025.
Strong FY25 earnings beat (profit up ~60%) along with a Rs. 5 total annual dividend is positive for shareholders, likely to support the stock. Continuity at the top with the promoter's re-appointment and a Big-4 firm (KPMG) taking over internal audit reinforce governance stability. Investors should watch the AGM on 14 July 2025 for shareholder approval of the MD re-appointment and final dividend.