For the half-year ending September 2024, SOM Distilleries recorded a total income of Rs 804.69 crore 26.8% from Rs 634.6 crore for the same period last fiscal year. The half-year EBITDA stood at Rs 100.03 crore, a 29% increase over Rs 77.59 crore reported last year. This performance comes on the back of Profit before Tax (PBT) for the HY24-25 was reported at Rs 82.05 crore, marking a 32.5% increase from Rs 61.91 crore in the same period of the previous year. Profit after Tax (PAT) of the company also grew to ₹.59.25 crores for HY 24-25 as compared to ₹ 48.51 crores for the same period last year showing a growth in excess of 22%. The company was able to reduce the gross debt from ₹177 crores in March 2024 to ₹ 126 crores in September 2024. The gross debt to equity stood at 0.23 from 0.35 in March 24 thus reflecting the strong liquidity in the company.
JK Arora, Chairman of SOM Distilleries and Breweries Ltd, said in a statement, “We are extremely pleased with our strong performance in both the second quarter and half-year FY25, which is a testament to the strength of our brand portfolio, our strategic market expansions, and our unwavering commitment to operational efficiency. Moving forward, we will continue to focus on scaling our market presence, expanding our product offerings, and pursuing cost-efficient operations to meet the evolving preferences of our consumers.”
READ SOURCE
