Piccadily's premium brands on a high

Piccadily Agro Industries Limited (PAIL)'s premium alcobev brands have achieved a significant increase of 36 percent in sales volume as compared to that of in Q1 of FY 23-24. The company’s revenue from single malt and other premium alcobev brands has risen by 113 percent Y-o-Y. Additionally, Indri single malt witnessed an outstanding sales volume growth of 236 percent Y-o-Y.

During the Q1 FY2024-25, Piccadily Agro Industries Limited (PAIL)’s net profit margin rose to 9.61 percent Y-o-Y, while its earnings per share (EPS) increased by 27 percent Y-o-Y. The company has achieved Profit Before Tax (PBT) of Rs. 20.08 crore in Q1 FY24-25, which is a 31.24 percent increase as compared to its Profit Before Tax in Q1 FY23-24. 

 The company reported a net revenue from operations of Rs. 209 crore with an EBITDA of Rs. 28.62 crore, which was an increase of 14.39 percent as compared to the company's Q1 FY 23-24 net revenue. The profitability growth of the company was driven by its distillery vertical led by premium alcobev brands.