Som Distilleries & Breweries Ltd Share Price – NSE  /  BSE

Alcoholic Beverages, Small Cap

Net profit of Som Distilleries & Breweries rose 25.96% to Rs 19.99 crore in the quarter ended March 2024 as against Rs 15.87 crore during the previous quarter ended March 2023. Sales rose 51.09% to Rs 381.60 crore in the quarter ended March 2024 as against Rs 252.57 crore during the previous quarter ended March 2023.

For the full year,net profit rose 43.45% to Rs 86.50 crore in the year ended March 2024 as against Rs 60.30 crore during the previous year ended March 2023. Sales rose 58.76% to Rs 1280.67 crore in the year ended March 2024 as against Rs 806.68 crore during the previous year ended March 2023.

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Som Distilleries & Breweries announced the appointment of Anand Agrawal as Chief Marketing Officer of the company.

Anand's career includes significant tenures at Hindustan Unilever, United Spirits (Diageo), and Pernod Ricard India, where he successfully led initiatives that substantially improved market share and fostered strong consumer preference for numerous iconic brands. He will oversee the marketing strategies for prominent flagship brands, including Woodpecker, Hunter, Black Fort, Power Cool, and Milestone Blue, aiming to elevate their consumer preference & building stronger connect with the brands, along with entering premium beer, Scotch, and Indian Single Malt (ISM) segments.

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Som Distilleries & Breweries announced the successful commissioning of state-of-the-art wraparound packaging equipment at its Bhopal canning facility.

The newly installed wraparound equipment represents a milestone achievement in streamlining our production processes and enhancing overall efficiency. With this innovative technology in place, we anticipate an increase in operational efficiency by approximately 25%.

Designed to seamlessly integrate into existing production lines, the wraparound equipment offers advanced features and capabilities. Its precision engineering ensures precise wrapping and sealing of products, minimizing downtime and maximizing throughput.

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Som Distilleries & Breweries will hold a meeting of the Board of Directors of the Company on 25 April 2024.

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