Hot Pursuit     29-Aug-23
Som Distilleries soars on receiving government nod to supply beer in Chhattisgarh
Som Distilleries & Breweries jumped 5.20% to Rs 327.80 after the company announced that its beer brands have received permissions for supply to the state of Chhattisgarh.

The company further informed that it has also commenced the initial dispatches to the state.

“Looking ahead we are confident to building a meaningful market presence in Chhattisgarh in the medium term,” Som Distilleries said in a statement.

Som Distilleries & Breweries (SDBL) is primarily engaged in brewing, fermentation, bottling, canning and blending of beer and IMFL. It also supplies draught beer from its plants.

On a consolidated basis, SDBL's Q1 FY24 net profit surged 31.2% to Rs 33.67 crore, while revenue from operations (excluding excise duty) grew by 51.4% to Rs 385.02 crore. EBIDTA also saw a significant increase of 40% to Rs 50.14 crore in Q1 FY24.

Previous News
  Som Distilleries records 51% YTD volume growth in Karnataka
 ( Hot Pursuit - 05-Feb-24   12:49 )
  Som Distilleries & Breweries reports consolidated net profit of Rs 10.52 crore in the December 2022 quarter
 ( Results - Announcements 24-Jan-23   16:24 )
  Indices trade with decent gains; European mkt opens higher
 ( Market Commentary - Mid-Session 18-Jun-24   13:32 )
  Som Distilleries receives nod to supply its premium beer brands to Tamil Nadu
 ( Corporate News - 04-Dec-23   18:19 )
  Som Distilleries & Breweries to expand capacity of its beer unit in Hassan
 ( Corporate News - 10-Aug-23   10:27 )
  Som Distilleries & Breweries Ltd leads losers in 'A' group
 ( Hot Pursuit - 18-Jun-24   15:00 )
  Som Distilleries & Breweries to table results
 ( Corporate News - 31-Oct-19   11:51 )
  SDBL gains as IMFL brands approved for supply in Rajasthan
 ( Hot Pursuit - 02-Aug-23   09:50 )
  Som Distilleries & Breweries announces board meeting date
 ( Corporate News - 03-Apr-23   10:20 )
  Som Distilleries slumps amid reports of employment of children at Madhya Pradesh plant
 ( Hot Pursuit - 18-Jun-24   14:28 )
  Som Distilleries & Breweries standalone net profit rises 335.29% in the March 2023 quarter
 ( Results - Announcements 27-Apr-23   16:00 )
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