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Allied Blenders and Distillers LimitedInvestor Meet, 07-11-2024: Analysts/Institutional Investor Meet/Con. Call Updates

07-11-2024 | 07:53 pm

Allied Blenders and Distillers Limited reported strong Q2 FY25 results, reflecting a total income increase of 14.8% quarter-on-quarter and 5.3% year-on-year, with a significant PAT growth of 325%. The company experienced robust market share growth in the premium and luxury spirits segments, driven by its ICONiQ White brand. Strategic initiatives include a new luxury venture with Ranveer Singh and plans for expanding product offerings, reinforced by improved operational efficiencies and a reduction in interest costs following its successful IPO.

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