"We are hopeful of meaningful contributions coming in from the Delhi market for the remaining part of the financial year," the company said in a statement.

The company reported a consolidated net profit of Rs 25.66 crore in the quarter ended June 2022 as against net loss of Rs 12.61 crore during the previous quarter ended June 2021. Sales zoomed 407.58% to Rs 254.30 crore in Q1 FY23 from Rs 50.10 crore in Q1 FY22.

Som Distilleries & Breweries operates a brewery, a distillery, support industries and a distribution network across the country.

The company reported a consolidated net profit of Rs 25.66 crore in the quarter ended June 2022 as against net loss of Rs 12.61 crore during the previous quarter ended June 2021. Sales zoomed 407.58% to Rs 254.30 crore in Q1 FY23 from Rs 50.10 crore in Q1 FY22.

The scrip shed 0.25% to end at Rs 99.05 on the BSE.