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Alcohol stock jumps 7% after its net profit increases by 107% YoY

Alcohol company reported a 73.6% increase in sales to ₹33.43 crore and a net profit of ₹26.08 crore, showing significant growth in earnings and operational performance.
Alcohol stock soars 7% as net profit surges 107% YoY, reflecting strong growth and market confidence.
Alcohol stock soars 7% as net profit surges 107% YoY, reflecting strong growth and market confidence.

Introduction:

Alcohol company reported a strong financial performance, with a 73.6% rise in sales to ₹33.43 crore. Net profit surged to ₹26.08 crore, a 107% jump, reflecting significant growth from the previous quarters, alongside improved operational performance.

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Also Read: Stocks To Watch For Budget 2025

Share price movement of AABL:

On January 27, 2025, Associated Alcohols & Breweries Ltd. (ASALCBR) opened at ₹1,174.80, up 3.77% from its previous close of ₹1,132.30. The stock reached a high of ₹1,217.35 (7.51%) and a low of ₹1,137.30. By 11:18 AM, it traded at ₹1,184.15, a 4.58% increase, with a market cap of ₹2,140.85 crore.

AABL Reports Strong Q3 Growth in Earnings:

Associated Alcohols & Breweries Limited (AABL) reported a strong performance for Q3 FY25, with sales rising by 73.6% to ₹33.43 crore, compared to ₹19.27 crore in Q3 FY24. Revenue also increased by 72.7%, reaching ₹33.53 crore from ₹19.45 crore.

The increase in profits reflects the company’s improved operational performance during the quarter, despite market challenges. Net profit for December 31, 2024, stood at ₹26.08 crore, compared to ₹15.32 crore for September 30, 2024, and ₹12.56 crore for December 31, 2023.

Earnings per share (EPS) also saw substantial growth. Basic EPS stood at ₹14.43, up 107.8% from ₹6.95 in Q3 FY24, while diluted EPS increased to ₹14.04 from ₹6.95, reflecting the overall positive trend in the company’s financials.

Ace investor holding in AABL:

Guttikonda Vara Lakshmi

Guttikonda Vara Lakshmi holds a 1.11% stake in Associated Alcohols & Breweries Ltd, owning 200,000 shares valued at ₹23.7 crore. This investment reflects confidence in the company’s growth potential.

Stock performance of AABL for Period of 1 week, 6 months and 1 year:

Over the past week, Associated Alcohols & Breweries Ltd has seen a decline of 4.64%. However, its performance over the last 6 months has been strong with a 36.2% increase, and a notable 124% growth over the past year.

Also Read: Best Sectors To Watch For Budget 2025

Shareholding pattern of AABL:

All values in %Dec 2024Sep 2024Jun 2024
Promoter59.30%59.30%59.30%
FII1.20%0.90%1.10%
DII0.00%0.00%0.00%
Public39.50%40%39.60%
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About AABL:

Associated Alcohols & Breweries Ltd. (NSE: ASALCBR) is a leading producer of ENA, IMIL, IMFL, and rectified spirit, with a diverse liquor brand portfolio. It is expanding into grain-based ethanol production, leveraging favorable government policies.

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.

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