Som Distilleries & Breweries reports 12.3% increase in Q3 revenue
INDIA – Som Distilleries & Breweries Limited has reported a 12.2 percent increase in revenue to Rs 56,195.99 lakh (US$64.9M) in the third quarter (Q3) of the financial year 2024-25, reflecting operational efficiency and a strong market presence.
The company’s net profit for the quarter grew 19.6 percent to Rs 2,151.31 lakh (US$2.5M), up from Rs 1,799.11 lakh (US$2.1M) recorded in the same period the previous year.
For the nine months ending December 31, 2024, revenue from operations rose 24.5 percent year-on-year (YoY) to Rs 214,797.65 lakh (US$247.9M).
Profit before tax (PBT) surged 29.7 percent YoY to Rs 1,121.20 lakh (US$1.29M), while net profit increased 21.4 percent YoY to Rs 8,076.20 lakh (US$9.3M).
Nakul K Sethi, Executive Director of Som Distilleries & Breweries Limited, highlighted the company’s consistent growth.
“We are pleased to report another quarter of robust performance, underscoring our commitment to growth and operational excellence. Our strong revenue growth, coupled with a healthy increase in profitability, reflects the strength of our brands and our strategic focus on efficiency. With a steady demand for our premium offerings and ongoing expansion efforts, we are well-positioned for sustained growth in the coming quarters,” he said.
Som Distilleries & Breweries remains focused on expanding its market share, improving operational efficiencies, and introducing new product offerings.
The company continues to invest in capacity expansion and distribution network enhancements to create long-term value for stakeholders.
Headquartered in Bhopal, India, Som Distilleries & Breweries Limited is a leading alcoholic beverage manufacturer listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).
Its product portfolio includes beer, rum, brandy, vodka, and whisky, catering to a diverse consumer base across India. The company is known for its flagship beer brands, including Hunter, Black Fort, and Power Cool.
With three state-of-the-art breweries in Karnataka, Madhya Pradesh, and Odisha, the company has a combined production capacity of 35 million cases annually.
In June 2024, Indian authorities shut down the company’s production site in Madhya Pradesh’s Raisen district and suspended its manufacturing licenses after reports of child labor surfaced.
The investigation, initiated by the National Commission for Protection of Child Rights (NCPCR), found children and teenagers working in a liquor factory supplying the publicly listed company.
Som Distilleries distanced itself from the allegations, stating that the case involved an associate private limited company primarily dealing in country liquor and not the listed entity.
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