Alcohol stock hits 5% lower circuit after its net profit falls by 45% in Q3Alcohol stock hits 5% lower circuit after its net profit falls by 45% in Q3

Introduction:

Leading alcohol company reported a 45% decline in net profit for Q3FY25, dropping to Rs 24.49 crore. Despite a 7% rise in revenue from operations, higher expenses and segmental revenue fluctuations contributed to the profit decline.

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Share price movement of Piccadily Agro Industries:

On February 5, 2025, Piccadily Agro Industries Ltd opened at ₹839.40, down 5.00% from its previous close of ₹825.60. The stock reached a high of ₹864.60 and a low of ₹784.35. By 15:15, it traded at ₹784.35, with a market cap of ₹7,399.50 crore.

Piccadily Agro Reports 45% Profit Drop:

Piccadily Agro Industries reported a 45% decline in net profit for Q3FY25, falling to Rs 24.49 crore from Rs 44.89 crore in the same quarter last year. The drop reflects challenges despite rising revenue from operations.

The company’s revenue from operations increased by 7% year-on-year, reaching Rs 205.72 crore in Q3FY25. Total income for the quarter stood at Rs 208.32 crore, an 8% increase from the previous year, while expenses grew by 5%, totaling Rs 172.16 crore.

Despite growth in total income and operational revenue, Piccadily Agro’s earnings per share (EPS) fell to Rs 2.63 in Q3FY25, down from Rs 4.69 in the same quarter last year. The decline in profit was attributed to higher expenses and revenue fluctuations in its segments.

Stock performance of Piccadily Agro Industries for Period of 1 week, 6 months and 1 year:

Piccadily Agro Industries Ltd has posted a 1.61% return over the past week, reflecting short-term positive movement. Over the last six months, the stock declined by 6.87%. However, the company has shown impressive growth with a 166% return over the past year.

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Shareholding pattern of Piccadily Agro Industries:

All values in %	Dec 2024	Sep 2024	Jun 2024
Promoter	71.00%	71.00%	71%
FII	0.80%	1%	0.20%
DII	0.00%	0.00%	0.10%
Public	28.20%	28.10%	28.80%

About Piccadily Agro Industries:

Piccadily Agro Industries Ltd (BSE: 530305), established in 1994, began as a sugar processing company and expanded in 2007 with a distillery unit. The company manufactures sugar and distillery products at its Haryana plant.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.