Hot Pursuit     27-Apr-22
Som Distilleries spurts after Q4 PAT jumps 73% YoY
Som Distilleries & Breweries hit an upper circuit limit of 5% at Rs 67.20 after the company's consolidated net profit jumped 72.70% to Rs 6.39 crore on 35.30% increase in net sales to Rs 145.80 crore in Q4 March 2022 over Q4 March 2021.
On a consolidated basis, profit before tax (PBT) soared 1,053.13% to Rs 3.69 crore in Q4 March 2022 over Q4 March 2021. EBIDTA jumped 28% year-on-year to Rs 11.71 crore in Q4 FY22.

Cost of raw material consumed jumped 54.95% to Rs 99.32 crore in Q4 March 2022 over Q4 March 2021.

The company said that the strong performance was backed by increased sales of its brands across key markets amid normalcy in operations. The company is hopeful of catching the whole season after facing difficulty in the Q1 of the last two financial years due to COVID-19.

For the full year, the company reported net loss of Rs 9.84 crore in the year ended March 2022 as against net loss of Rs 38.07 crore in the year ended March 2021. Net sales rose 26.15% to Rs 362.76 crore in the year ended March 2022 over the year ended March 2021.

Som Distilleries & Breweries is engaged in the manufacture and sale of alcohol. Its brands include beer, whisky, vodka, brandy, and rum.

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