Associated Alcohols & Breweries Ltd. — Important, 30-10-2024: Updates

Associated Alcohols & Breweries Limited reported a strong performance in its Q2 FY25 earnings call, with a 50% increase in net revenue, reaching INR 255 crores. The company emphasized its focus on premiumization, showcasing the successful launch of its premium whisky, Hillfort, and gin, Nicobar, both of which are gaining traction in key markets. Operational efficiency helped maintain gross margins despite rising input costs. The firm plans to expand into Maharashtra, Goa, and Karnataka, aiming for continued robust growth in its premium segments.