In a stellar financial display, Som Distilleries and Breweries Ltd. witnessed a substantial 71% surge in net profit during the third quarter of fiscal 2024, reaching Rs 17.99 crore compared to Rs 10.52 crore in the corresponding period last year. The company’s consolidated revenue also demonstrated an impressive upswing, soaring by 63.9% to Rs 266.35 crore from Rs 148.56 crore.
The Ebitda (Earnings Before Interest, Taxes, Depreciation, and Amortization) recorded a notable increase of 87%, reaching Rs 31.83 crore as opposed to Rs 17.02 crore in the same quarter of the previous fiscal year. Furthermore, the Ebitda margin exhibited growth, rising by 49 basis points to 11.95% compared to 11.45%.
Som Distilleries’ robust financial performance underscores its resilience and strategic positioning in the market, reflecting positively on its growth trajectory.
