ASSO ALCOHOLS & BREW LTD

Management reported that Associated Alcohols & Breweries Limited achieved its highest quarterly revenue from its IMFL proprietary segment, reaching INR 729 million, which reflects a 58% year-on-year growth in value and a 40% growth in volume. The CP series, including CP Rum and Vodka, was highlighted as a key growth driver, with a 260% year-on-year volume increase. The company is expanding its ready-to-drink (RTD) product line and plans to launch premium tequila and brandy in the upcoming quarters. Financially, the consolidated income from operations for Q1 FY27 was INR 2,809 million, with an EBITDA of INR 299 million and a profit after tax of INR 178 million. Management noted challenges in the ethanol segment due to lower realizations and increased grain prices but expressed confidence in long-term growth, particularly in the IMFL proprietary portfolio, aiming for a 30% volume growth for FY 2026-27.

Management emphasized strong growth and strategic expansion in key segments.