Allied Blenders & Distillers Ltd Share Price – NSE /  BSE

Alcoholic Beverages, Small Cap

Net profit of Allied Blenders & Distillers rose 319.03% to Rs 47.56 crore in the quarter ended September 2024 as against Rs 11.35 crore during the previous quarter ended September 2023. Sales rose 1.94% to Rs 867.67 crore in the quarter ended September 2024 as against Rs 851.17 crore during the previous quarter ended September 2023.

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Allied Blenders & Distillers will hold a meeting of the Board of Directors of the Company on 29 October 2024.

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Allied Blenders & Distillers (ABDL) announced the launch of Russian Standard Vodka in India.

Consistently ranked as one of the fastest-growing spirits brands in the world, it is the number one premium Vodka in Russia boasting 30% market share in premium category and also a number one Russian Vodka globally being exported to over 85 countries. Russian Standard Vodka is made with the finest ingredients in the state-of-the-art distillery in St. Petersburg, Russia. They use glacial water from nearby Lake Ladoga for its purity and winter wheat from the rich soil of the Russian Steppes for its unique taste. The strategic arrangement between ABDL and Roust Corporation leverages the strengths of both companies. ABDL's extensive distribution network and consumer marketing expertise will complement Roust Corporation's globally renowned vodka premium portfolio namely Russian Standard Original, Gold and Platinum.

In the State of Maharashtra, Russian Standard Original is expected to be priced at Rs 2,200, Russian Standard Gold at Rs 2,600 and Russian Standard Platinum at Rs 5,000.

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Allied Blenders & Distillers (ABDL) further augmented it's leadership team with the appointment of Manoj Kumar Rai as the new Chief Revenue Officer (CRO). Manoj will be responsible for company's revenue strategies, focusing on enhancing existing revenue streams and exploring new business opportunities across ABDL's diverse portfolio.

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