Allied Blenders and Distillers Limited (ABD), India’s third-largest spirits company, has released its financial results for Q2 FY25, showcasing robust growth in both revenue and profitability.
For the quarter ending September 2024:
- Total Income stood at ₹2,031 crore, a 14.8% rise from ₹1,769 crore in Q1 FY25 and a 5.3% increase from ₹1,929 crore in Q2 FY24.
- Income from Operations reached ₹870 crore, up by 14.5% from ₹759 crore in Q1 FY25 and by 2.1% from ₹852 crore in Q2 FY24.
- EBITDA was reported at ₹105 crore, marking a 38.8% increase over ₹76 crore in Q1 FY25 and a 46.6% rise from ₹72 crore in Q2 FY24.
- Profit After Tax (PAT) surged to ₹48 crore, up an impressive 324.8% from ₹11.2 crore in Q1 FY25 and 319.1% from ₹11.3 crore in Q2 FY24.
Alok Gupta, Managing Director of ABD, attributed this strong performance to strategic growth initiatives following the company’s recent listing. “We are pleased to report robust performance in the first quarter post-listing, marked by significant growth in profitability and a strengthened balance sheet, bolstered by IPO proceeds,” said Gupta. He highlighted the company’s focus on premiumization, optimizing state brand mix, and cost-saving measures as key contributors to this success.
ABD is poised for sustained, profitable growth, with the upcoming festive season expected to bolster consumer demand.
