14 August 2024
Allied Blenders and Distillers Limited (ABDL), India's third-largest spirits company, has released its financial results for the first quarter of fiscal year 2025 (Q1FY25). Despite a challenging retail environment in India, the company reported a significant improvement in profitability, reflecting strategic brand decisions and cost-saving measures.
Financial Performance Overview:
Total Income: Rs 1,769 crore, up by 0.5 percent from Rs 1,760 crore in Q4FY24, but down 7.3 percent from Rs 1,909 crore in Q1FY24. Income from Operations: Rs 759 crore, a decrease of 1.4 percent compared to Rs 770 crore in Q4FY24 and down 6.8 percent from Rs 815 crore in Q1FY24. EBITDA: Rs 76 crore, showing a growth of 22.0 percent over Rs 62 crore in Q4FY24 and a 44.0 percent increase compared to Rs 53 crore in Q1FY24.
Profit After Tax (PAT): Rs 11 crore, a recovery from a loss of Rs 2 crore in Q4FY24 and Rs 3 crore in Q1FY24. Alok Gupta, MD of ABDL said, "We delivered strong growth in profitability this quarter, driven by a strategic brand mix and cost-saving initiatives, despite facing short-term demand servicing challenges. With the successful IPO in July 2024 behind us, we are more confident in our ability to deliver sustained growth and enhance shareholder value creation. We remain dedicated to advancing excellence and achieving new accomplishments.”
Allied Blenders and Distillers Limited (ABDL), India's third-largest spirits company, has released its financial results for the first quarter of fiscal year 2025 (Q1FY25). Despite a challenging retail environment in India, the company reported a significant improvement in profitability, reflecting strategic brand decisions and cost-saving measures.
Financial Performance Overview:
Total Income: Rs 1,769 crore, up by 0.5 percent from Rs 1,760 crore in Q4FY24, but down 7.3 percent from Rs 1,909 crore in Q1FY24. Income from Operations: Rs 759 crore, a decrease of 1.4 percent compared to Rs 770 crore in Q4FY24 and down 6.8 percent from Rs 815 crore in Q1FY24. EBITDA: Rs 76 crore, showing a growth of 22.0 percent over Rs 62 crore in Q4FY24 and a 44.0 percent increase compared to Rs 53 crore in Q1FY24.
Profit After Tax (PAT): Rs 11 crore, a recovery from a loss of Rs 2 crore in Q4FY24 and Rs 3 crore in Q1FY24. Alok Gupta, MD of ABDL said, "We delivered strong growth in profitability this quarter, driven by a strategic brand mix and cost-saving initiatives, despite facing short-term demand servicing challenges. With the successful IPO in July 2024 behind us, we are more confident in our ability to deliver sustained growth and enhance shareholder value creation. We remain dedicated to advancing excellence and achieving new accomplishments.”
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