India's Dodla Dairy slips on margin worries
18/05/2026 09:05
** Shares of Dodla Dairy DODL.NS down as much as 3.87% at 985.9 rupees ** Dairy products maker posted Q4 profit up about 3% Y/Y; revenue from ops rose 18% ** Investec says DODL's Q4 margins came under pressure as higher milk costs were not fully passed on to customers, offsetting strong revenue growth ** Brokerage rates stock "buy" with PT at 1,600 rupees ** YTD stock down 18% ($1 = 96.2700 Indian rupees) (Reporting by Devika Nair in Bengaluru) ((Devika.MadhusudhananNair@thomsonreuters.com;))
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