Associated Alcohols & Breweries Reports Positive Financial Results for Q2 FY25

Oct 24 2024 10:01 PM IST
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Associated Alcohols & Breweries, a smallcap company in the breweries and distilleries industry, has reported positive financial results for the quarter ending September 2024. The company's net sales have reached a record high of Rs 254.63 crore and its Profit After Tax has grown by 28.06% year on year, indicating a strong growth trend.

Associated Alcohols & Breweries, a smallcap company in the breweries and distilleries industry, has recently declared its financial results for the quarter ending September 2024. According to the latest update, the stock call for the company is ‘Hold’ by MarketsMOJO.

Despite the challenging economic conditions, Associated Alcohols has shown a positive financial performance in the quarter. The company’s score has improved from 20 to 13 in the last three months, indicating a strong growth trend.


One of the key factors contributing to this growth is the company’s net sales, which have reached a record high of Rs 254.63 crore in the quarter. Moreover, the net sales have been consistently growing in the last five quarters, indicating a positive trend in the near term.


Another positive aspect of the financial results is the company’s Profit After Tax (PAT), which has grown by 28.06% year on year to reach Rs 33.04 crore in the first half of the year. This indicates a positive trend in the near term for the company’s profitability.


Overall, Associated Alcohols & Breweries has shown a strong financial performance in the quarter ending September 2024. With a ‘Hold’ stock call by MarketsMOJO, the company is expected to continue its growth trend in the near future.


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