SOM’s Impressive Q1 FY25 financial results

SOM Distilleries and Breweries Ltd. has announced its financial results for the first quarter of the 2024-25 fiscal. The company has demonstrated strong performance across key financial metrics, reflecting its resilient business model and strategic initiatives. For Q1 FY25, SOM Distilleries and Breweries Ltd. reported a total income of Rs. 513.7 crores, marking an impressive growth of 33 percent, as compared to Rs. 386.6 crores in Q1 FY24.

 The company's EBITDA for Q1 FY25 stood at Rs. 64.8 crores, showing a significant increase of nearly 30 percent from Rs. 50.1 crores reported in the corresponding period of the last fiscal. In a noteworthy achievement, the company has successfully reduced its interest costs as a percentage of sales to 0.53 percent in Q1 FY25, down from 0.80 percent in Q1 FY24. This reduction underscores SOM Distilleries' effective financial management and focus on optimising operational efficiencies.

 The Profit Before Tax (PBT) of the company for Q1 FY25 was Rs. 56 crores, representing a significant growth of around 32 percent from Rs. 42.6 crores in Q1 FY24.

Commenting on the results, JK Arora, Chairman of SOM Distilleries and Breweries Ltd., said, "We are pleased with our robust performance in the first quarter of FY25. Our consistent growth in revenue and profitability reflects the strength of our brand portfolio, operational excellence, and strategic focus on cost management. We remain committed to delivering sustainable value to our stakeholders."

The company's strong financial performance in Q1 FY25 highlights its resilience and ability to navigate market challenges while capitalising on growth opportunities.