ALPHA TRIBE

Som Distilleries & Breweries LimitedImportant, 14-11-2024: Financial Result Updates

14-11-2024 | 01:46 pm

Total income for Q2 FY 2024-25 has reached ₹291 crore, a growth of 17.3% from ₹248 crore in Q2 FY 2023-24. This growth may be attributed to increased demand and effective market expansion strategies. The company's gross margin improved by approximately 4.5%, contributing to an EBITDA margin of 12.10%, reflecting a year-over-year increase of over 1.00%. EBITDA for Q2 stands at ₹35.19 crore, up 28% from ₹27.49 crore a year earlier.

Net profit after tax (PAT) for Q2 also showed a robust growth of 26%, reaching ₹18.7 crore compared to ₹14.85 crore in the previous year. The pre-tax profit (PBT) rose by about 35% to ₹26.01 crore.

For the first half of FY 2024-25, total income totaled ₹804.69 crore, marking a substantial increase of 26.8% from ₹634.6 crore in the same period last year. EBITDA for the half-year improved to ₹100.03 crore, up 29% year-over-year. PAT for the first half increased to ₹59.25 crore, a growth of 22% from ₹48.51 crore.

Operational costs didn't appear to drastically impact the financials, indicating effective cost management in place. The balance sheet appears healthy, with slight improvements in revenue stability, supporting a positive market outlook.

Considering the strong performance in revenue growth, profitability, and efficient cost control, there’s a favorable investment insight suggesting a buy for potential investors looking at future growth opportunities.

No comments yet. Be the first to comment!

All announcements from Som Distilleries & Breweries Limited