Allied Blenders and Distillers Limited shares jumped nearly 3% on Thursday, reaching ₹399.60 on the NSE following the company’s robust Q3 FY25 earnings report. The company recorded sales of ₹973.93 crore in Q3 FY25, up from ₹894.83 crore in the same period last year. Revenue surged to ₹2,345.64 crore from ₹2,077.47 crore YoY, reflecting strong growth in core operations. Net income stood at ₹57.46 crore, reversing a net loss of ₹4.42 crore reported in the corresponding quarter last year.
Earnings per share from continuing operations improved significantly to ₹2.05 compared to a basic loss per share of ₹0.18 a year ago. Diluted earnings per share also saw a similar improvement, indicating a turnaround in profitability.
For the nine-month period ended December 31, 2024, Allied Blenders reported sales of ₹2,599.23 crore compared to ₹2,560.28 crore during the same period last year. Revenue stood at ₹6,145.03 crore, up from ₹5,914.97 crore. Net income for the nine-month period surged to ₹116.22 crore, compared to just ₹4.23 crore a year ago. Basic earnings per share for this period reached ₹4.33, compared to ₹0.17 YoY.
At the time of reporting, Allied Blenders had a market capitalization of ₹112.72 billion, with the stock trading within a day range of ₹401.70 to ₹419.70. The company’s 52-week high stood at ₹444.40, indicating strong investor interest and optimism about future growth prospects.
The company’s performance was attributed to increased operational efficiency, higher sales volume, and effective cost management strategies. This turnaround reflects Allied Blenders’ strategic initiatives to improve margins and profitability in an otherwise competitive industry.
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