Categories Earnings

Earnings | Associated Alcohols & Breweries Ltd (NSE: ASALCBR): Q4FY23 Results Out; Total Income rises 23% YoY.

Associated Alcohols & Breweries Ltd is primarily engaged in the manufacturing and trading of various alcoholic beverages. The company’s product portfolio includes Extra Neutral Alcohol (ENA), Indian Made Indian Liquor (Country Liquor), Indian Made Foreign Liquor (IMFL), and hand sanitizer. With its expertise in the alcohol industry, Associated Alcohols & Breweries Ltd caters to both domestic and international markets, offering a wide range of alcoholic beverages to consumers. Additionally, the company has diversified its operations by venturing into the production of hand sanitizers, catering to the increased demand for hygiene products. Associated Alcohols & Breweries Ltd plays a significant role in the alcohol and sanitization sectors, serving diverse consumer needs.
• Associated Alcohols & Breweries Ltd reported Total Income for Q4 FY23 of ₹188 Crore up from ₹153 Crore year on year, a growth of 23%.
• Total Expenses for Q4 FY23 of ₹175 Crore up from ₹133 Crore year on year, a growth of 31%.
• Consolidated Net Profit of ₹9.8 Crore, down 34% from ₹15 Crore in the same quarter of the previous year.
• The Earnings per Share is ₹5.42, down 35% from ₹8.38 in the same quarter of the previous year.

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