Hot Pursuit     01-Aug-23
Som Distilleries hits record high as Q1 PAT jumps 31 % YoY
Som Distilleries & Breweries gained 1.98% to Rs 340.15 after the company's consolidated net profit rose 31.2% to Rs 33.67 crore in Q1 FY24 from Rs 25.66 crore recorded in Q1 FY23.

Revenue from operations (excluding excise duty) stood at Rs 385.02 crore in Q1 FY24, registering a growth of 51.4% as against Rs 254.30 crore posted in Q1 FY23.

Profit before tax surged 51.8% year on year to Rs 42.70 crore in the quarter ended 30 June 2023.

Total expenses were at Rs 717.53 crore in the first quarter of FY24, up 74.44% on YoY basis. Cost of materials consumed was at Rs 245.33 crore (up 89.11% YoY) and employee benefits expense came in at Rs 818.36 crore (up 39.91% YoY) during the period under review.

EBIDTA jumped 40% to Rs 50.14 crore in Q1 FY24 as compared with Rs 35.89 crore recorded in Q1 FY23.

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

The couter hit an all time high of Rs 360.50 in today's intraday session.

Previous News
  Som Distilleries & Breweries consolidated net profit rises 25.96% in the March 2024 quarter
 ( Results - Announcements 25-Apr-24   16:50 )
  Som Distilleries & Breweries consolidated net profit rises 148.36% in the March 2023 quarter
 ( Results - Announcements 28-Apr-23   07:38 )
  Som Distilleries hit 52-week high on achieving market share of 42% in MP's beer industry
 ( Hot Pursuit - 05-Jun-23   12:36 )
  Som Distilleries & Breweries reports consolidated net profit of Rs 25.66 crore in the June 2022 quarter
 ( Results - Announcements 21-Jul-22   10:01 )
  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 - 16-Apr-22   18:08 )
  Board of Som Distilleries & Breweries approves raising equity capital
 ( Corporate News - 09-Dec-22   15:42 )
  Som Distilleries & Breweries commences sales operations in West Bengal
 ( Corporate News - 25-May-18   12:02 )
  Som Distilleries & Breweries net profit declines 70.17% in the March 2009 quarter
 ( Results - Announcements 04-May-09   18:04 )
  Board of Som Distilleries & Breweries approves conversion of warrants
 ( Corporate News - 09-Dec-22   15:38 )
  Som Distilleries & Breweries to convene board meeting
 ( Corporate News - 15-Nov-22   18:30 )
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