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Wednesday, December 18, 2024

SOM Distilleries and Breweries Ltd reports 26.8% surge in income in H1 FY25

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SOM Distilleries and Breweries Ltd has announced its financial results for the second quarter and half-year of fiscal year 2025, showcasing significant growth and progress. 

The company’s total income for the half-year ending September 2024 rose 26.8% to INR 804.69 crore, up from INR 634.6 crore in the same period last year.

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SOM Distilleries EBITDA surges 29%, PAT jumps 32.55

Notably, the company’s EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) increased 29% to INR 100.03 crore, while Profit Before Tax (PBT) jumped 32.5% to INR 82.05 crore. Profit After Tax (PAT) also grew 22% to INR 59.25 crore.

However, SOM Distilleries has made significant strides in reducing its debt, from INR 177 crore in March 2024 to INR 126 crore in September 2024. The gross debt-to-equity ratio improved to 0.23 from 0.35 in March 2024, reflecting the company’s strong liquidity.

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Pleased with performance in both Q2 and HY FY25 – Chairman, SOM

“We are extremely pleased with our strong performance in both the second quarter and half-year FY25,” said JK Arora, Chairman of SOM Distilleries and Breweries Ltd. “This growth is a testament to the strength of our brand portfolio, our strategic market expansions, and our commitment to operational efficiency.”

Looking ahead, Arora emphasised the company’s focus on scaling its market presence, expanding product offerings, and pursuing cost-efficient operations to meet evolving consumer preferences. “We will continue to prioritise innovation, quality, and customer satisfaction to drive sustainable growth and profitability,” he added.

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