ABD reports profit surge in Q2FY25 Allied Blenders and Distillers Limited (ABD) has reported a remarkable financial performance in Q2FY25 with its profit after tax (PAT) soaring by 324.8 percent to reach Rs 48 crore, compared to Rs 11.2 crore in Q1FY25, and 319.1 percent higher than Rs 11.3 crore in the same quarter of the last year. By Spiritz Desk 05 Nov 2024 in Stories New Update Allied Blenders and Distillers Limited (ABD) has reported a remarkable financial performance in Q2FY25 with its profit after tax (PAT) soaring by 324.8 percent to reach Rs 48 crore, compared to Rs 11.2 crore in Q1FY25, and 319.1 percent higher than Rs 11.3 crore in the same quarter of the last year. ABD's total income in Q2FY25 rose to Rs 2,031 crore, marking a 14.8 percent increase from Rs 1,769 crore in the previous quarter and a 5.3 percent increase from Rs 1,929 crore in Q2FY24. The company’s income from operations reached Rs 870 crore, up by 14.5 percent from Rs 759 crore in Q1FY25 and 2.1 percent higher than Rs 852 crore in Q2FY24. ABD also saw a significant improvement in its EBITDA, which grew to Rs 105 crore, a 38.8 percent jump from Rs 76 crore in Q1FY25 and a 46.6 percent rise from Rs 72 crore in Q2FY24. The company delivered 8.3 mn cases in Q2FY25, a growth of 14.8 percent from 7.3 mn cases in Q1FY25 and in-line with 8.3 mn cases in Q2FY24. The quarter on quarter growth of 14.8 percent was led by the premiumisation of the portfolio with a continued increase in Prestige & Above (P&A) volume salience to 39.7 percent in Q2FY25 as compared to 36.9 percent in Q1FY25 and 36.5 percent in Q2FY24. The P&A value salience of ABD also increased to 49.0 percent in Q2FY25 as compared to 46.1 percent in Q1FY25 and 45.3 percent in Q2FY24. Commenting on the results, ABD's Managing Director, Alok Gupta, expressed satisfaction with the company's strong first-quarter performance post IPO listing. Gupta added, “Our strong focus on premiumisation, improving state brand mix, and cost-saving initiatives have played a crucial role in this success. Through our strategic initiatives and steadfast dedication to excellence and innovation, we aim to delight our customers with unique new offerings. We remain focused on achieving sustainable, profitable growth in the second half of the year, especially with the festive season boosting consumer sentiment.” You May Also like Read the Next Article