Hot Pursuit     19-Jun-23
Som Distilleries gallops on commencing trial production at Odisha plant
Som Distilleries & Breweries rallied 3.36% to Rs 254.10 after the company announced that it has commenced trial production of its enhanced capacity at Odisha plant.

The distilleries company said that the commencement of the enhanced capacity marks a milestone, as the firm expand its product offerings and increase its production capabilities.

The commercial production is expected by early next month, it added.

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.

On a consolidated basis, Som Distilleries & Breweries' net profit rose 148.36% to Rs 15.87 crore on 73.23% increase in net sales to Rs 252.57 crore in Q4 March 2023 over Q4 March 2022.

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