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ABD delivers strong overall performance in 1st quarter post IPO
Monday, 04 November, 2024, 14 : 00 PM [IST]
Our Bureau, Mumbai
Allied Blenders and Distillers Limited (ABD), the 3rd largest spirits company in India, has announced its financial results for the second quarter of the fiscal year 2025.

Total Income at Rs 2,031 crore
? Higher by 14.8% vs Rs 1,769 crore in Q1FY25 and higher by 5.3% vs 
Rs 1,929 crore in Q2FY24

• Income from Operations at Rs 870 crore
? Higher by 14.5% vs Rs 759 crore in Q1FY25 and higher by 2.1% vs Rs 852 crore in Q2FY24

• EBITDA at Rs 105 crore
? Higher by 38.8% vs Rs 76 crore in Q1FY25 and higher by 46.6% vs Rs 72 crore in Q2FY24

• PAT at Rs 48 crore
? Higher by 324.8% vs Rs 11.2 crore in Q1FY25 and higher by 319.1% vs Rs 11.3 crore in Q2FY24
 
Alok Gupta, managing director of Allied Blenders and Distillers Limited, said, "We are pleased to report robust performance in the 1st quarter post listing marked by significant growth in profitability and a strengthened balance sheet, bolstered by IPO proceeds. Our strong focus on premiumisation, improving state brand mix, and cost-saving initiatives have played a crucial role in this success. Through our strategic initiatives and steadfast dedication to excellence and innovation, we aim to delight our customers with unique new offerings. We remain focused on achieving sustainable, profitable growth in the second half of the year, especially with the festive season boosting consumer sentiment.”
 
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