**Allied Blenders and Distillers Reports Strong Q3 Performance with ₹57.46 Crore Profit**
New Delhi, Jan 30 (PTI) – Allied Blenders and Distillers (ABD) has announced a consolidated net profit of ₹57.46 crore for the December 2024 quarter, driven by the premiumisation of its product portfolio. This marks a significant turnaround from a loss of ₹4.42 crore reported in the same quarter last year, according to a regulatory filing by the company.
Revenue from operations saw a notable increase of 12.9%, reaching ₹2,342.38 crore compared to ₹2,074.95 crore in the corresponding quarter of the previous fiscal year. However, total expenses rose by 10.4% to ₹2,225.59 crore during the December quarter. The total income, which includes other income, surged by 13% to ₹2,345.63 crore.
In its earnings statement, ABD reported delivering 8.9 million cases in Q3 FY25, reflecting a growth of 7.1% compared to 8.3 million cases in Q2 FY25 and an 11.3% increase from 8 million cases in Q3 FY24. This growth was primarily attributed to the premiumisation of the portfolio, with the volume share of Prestige & Above (P&A) products rising to 42% in Q3 FY25, up from 39.7% in Q2 FY25 and 40.9% in Q3 FY24.
Managing Director Alok Gupta noted that this marks the second consecutive quarter of positive performance following the company’s IPO. He attributed the results to strong volume growth in the Prestige & Above category, a focused approach on high-yield markets, and effective management of input costs. Gupta emphasized that the company’s strategic initiatives for luxury portfolio expansion, supply chain security, and margin enhancement are progressing well, validating their adopted strategy and execution.
Looking ahead, Gupta expressed optimism about the company’s future, committing to enhancing product offerings and addressing the evolving needs of consumers with innovative and distinctive products in the upcoming quarters.
On the stock market, shares of Allied Blenders and Distillers Ltd closed at ₹394.70 apiece on Thursday, reflecting a 1.27% increase from the previous close.
