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Allied Blenders and Distillers LimitedBoard Meeting, 29-07-2025: Outcome of Board Meeting

29-07-2025 | 05:59 pm

Allied Blenders & Distillers has announced a board meeting where it approved the consolidated financial results for the quarter ended June 30, 2025. Revenue saw a slight increase to ₹1,776.37 Cr from ₹1,766.95 Cr year-on-year, while Profit After Tax (PAT) surged to ₹55.83 Cr from ₹11.20 Cr, indicating robust profitability growth.

In a strategic move, the board approved the acquisition of 100% share capital of UTO Asia Pte. Ltd., a Singapore company, for Euros 1,225,000. The company is also actively contesting a ₹33.99 Cr claim from CSD and significant income tax demands (₹352.31 Cr tax + ₹249.14 Cr interest), with management confident of no material financial impact due to these disputes.

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