Bhopal, India – August 6, 2024: SOM Distilleries and Breweries Ltd, a leading player in the Indian alcoholic beverages industry, announced its financial results for the first quarter of the fiscal year 2025. The company has demonstrated strong performance across key financial metrics, reflecting its resilient business model and strategic initiatives. For Q1 FY25, SOM Distilleries and Breweries Ltd reported a total income of Rs. 513.7 crores, marking an impressive growth of 33% compared to Rs. 386.6 crores in Q1 FY24. The company's EBITDA for Q1 FY25 stood at Rs. 64.8 crores, showing a significant increase of nearly 30% from Rs. 50.1 crores reported in the same period last year. The EBITDA margin for the quarter was 12.62%.
In a noteworthy achievement, the company has successfully reduced its interest costs as a percentage of sales to 0.53% in Q1 FY25, down from 0.80% in Q1 FY24. This reduction underscores SOM Distilleries' effective financial management and focus on optimizing operational efficiencies. The Profit Before Tax (PBT) for Q1 FY25 was Rs. 56 crores, representing a growth of around 32% from Rs. 42.6 crores in Q1 FY24. The company's Net Profit before minority interest for the quarter stood at Rs. 40.5 crores, up by 20.5% from Rs. 33.6 crores reported in the corresponding quarter of the previous fiscal year. On a quarter-on-quarter basis, the net profit before minority interest has surged by an impressive 102%.
Commenting on the results, JK Arora, Chairman of SOM Distilleries and Breweries Ltd, said, "We are pleased with our robust performance in the first quarter of FY25. Our consistent growth in revenue and profitability reflects the strength of our brand portfolio, operational excellence, and strategic focus on cost management. We remain committed to delivering sustainable value to our stakeholders." The company's strong financial performance in Q1 FY25 highlights its resilience and ability to navigate market challenges while capitalizing on growth opportunities. It continues to focus on expanding its market presence, enhancing product offerings, and driving innovation to achieve long-term success.
About SOM Distilleries and Breweries Ltd
SOM Distilleries and Breweries Ltd is one of India's leading alcoholic beverages companies, known for its diverse portfolio of high-quality products. The company is committed to maintaining the highest standards of production and delivering premium products to its consumers.
