ABD reports modest increase in income in Q1 FY25

Allied Blenders and Distillers Limited (ABDL) reported a modest increase in its total income for Q1 FY25, which rose by 0.5 percent to reach Rs. 1,769 crore as compared to Rs. 1,760 crore in Q4 FY24. However, this figure marks a 7.3 percent decline from ABD's income of Rs. 1,909 crore in Q1 FY24.

 The company’s income from operations in Q1 FY25 stood at Rs. 759 crore, down by 1.4 percent from the previous quarter’s Rs. 770 crore, and 6.8 percent lower than Rs. 815 crore recorded in the same period of the last fiscal. Despite these declines, ABD saw a significant improvement in its EBITDA, which rose to Rs. 76 crore; a 22 percent increase over Rs. 62 crore in Q4 FY24, and a notable 44 percent rise from Rs. 53 crore in Q1 FY24.

 ABDL delivered 7.3 million cases in Q1 FY25, marking a 2.7 percent growth over 7.1 million cases in the previous quarter, although this was an 11.8 percent decrease from 8.2 million cases of sales of ABDL in Q1 FY24.

 The company’s premiumisation strategy showed positive results, with its Prestige & Above segment’s volume salience increasing to 36.9 percent in Q1 FY25 from 33.5 percent in Q1 FY24, and the segment's value salience increasing to 46.1 percent from 43.2 percent over the same period.

 Alok Gupta, Managing Director of ABDL, commented on the results, highlighting the company's strong growth in profitability driven by a strategic brand mix and cost-saving initiatives. He expressed confidence in the company’s ability to sustain growth and enhance shareholder value following their successful IPO in July 2024, stating that ABDL remains committed to achieving new milestones in the industry.