Latest news with #AlliedBlendersandDistillers
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Business Standard
16-05-2025
- Business
- Business Standard
Allied Blenders posts Q4 net profit at Rs 78.62 crore on premium push
Allied Blenders and Distillers has reported a consolidated net profit of Rs 78.62 crore during the March quarter, led by premiumisation of the portfolio. The company had posted a loss of Rs 240.62 crore in the January-March period a year ago, according to a late night regulatory filing from Allied Blenders and Distillers (ABD) on Thursday. Its revenue from operations was up 10 per cent to Rs 1,934.72 crore in the quarter. It was at Rs 1,757.42 crore in the corresponding quarter of the previous fiscal year. ABD's total expenses were at Rs 1,798.80 crore, up 6 per cent in the March quarter. The total income of ABD, which includes other income, was at Rs 1,948.99 crore, up 10.7 per cent. For the financial year ended March 31, 2025, Allied Blenders and Distillers' profit increased multifold to Rs 194.84 crore, from Rs 1.82 crore a year ago. The company said this was its highest-ever profit. In FY25, ABD's total consolidated income rose 5.46 per cent to Rs 8,094.02 crore. ABD Managing Director Alok Gupta said this is the third consecutive quarter of robust performance following the IPO of the company. "The consistent positive outcome of our four point transformation agenda -- premiumisation, supply chain security, margin enhancement, and enhance governance framework -- is demonstrated in these results, validating both our strategic direction and its effective execution. With this solid foundation, we are confident in sustaining our profitable growth," he said. The ABD board has also recommended a final dividend of Rs 3.60 per equity share of Rs 2 for 2024-25. Besides, it has also approved raising of funds of Rs 1,000 crore from market by issuance of securities or any combination of securities with or without premium for cash, in one or more tranches. The board also approved the proposal for a capex of Rs 29 crore for upgrade of the ABD's existing plant at Derabassi, Punjab, to facilitate capacity expansion. Allied Blenders and Distillers, makers of Officer's Choice Whisky, Sterling Reserve Premium Whiskies and ICONiQ White Whisky, is the largest domestic spirits company in the country, in terms of annual sales volumes. Shares of Allied Blenders and Distillers Ltd on Friday were trading at Rs 398.05 on the BSE, down 2.58 per cent from its previous close.
Business Standard
15-05-2025
- Business
- Business Standard
Stock Alert: Eicher Motors, Tata Power Company, Lupin, Le Travenues Tech, Tilakanagar Inds
Securities in F&O Ban: Central Depository Services (CDSL), Manappuram Finance and Hindustan Copper shares are banned from F&O trading on 15 May 2025. Upcoming Results: Abbott India, Allied Blenders and Distillers, Alivus Life Sciences, Arvind, Balrampur Chini Mills, Bombay Burmah Trading Corporation, Bikaji Foods International, BLS International Services, Caplin Point Laboratories, CESC, Cochin Shipyard, Crompton Greaves Consumer Electricals, Godfrey Phillips, JSW Energy, LIC Housing Finance, P N Gadgil Jewellers, Solara Active Pharma, Welspun Enterprises, Allied Blenders and Distillers, Bikaji Foods International, BLS International will declare their result later today. Stocks to Watch: Lupins consolidated net profit surged 114.9% to Rs 772.52 crore on 13.6% increase in net sales to Rs 5,562.20 crore in Q4 FY25 over Q4 FY24. Eicher Motors reported a 27.25% increase in consolidated net profit to Rs 1,362.15 crore in Q4 FY25 as against Rs 1,070.45 crore posted in Q4 FY24. Total revenue from operations rose 23.4% YoY to Rs 5,150.38 crore in the quarter ended 31 March 2025. Tata Power Companys consolidated net profit jumped 16.49% to Rs 1,042.83 crore on a 7.88% increase in revenue from operations to Rs 17,095.88 crore in Q4 FY25 over Q4 FY24. Sagility Indias consolidated net profit surged 127.6% to Rs 182.57 crore on a 22.2% jump in net sales to Rs 1,568.48 crore in Q4 FY25 over Q4 FY24. Tilaknagar Industries reported a 145.9% jump in consolidated net profit to Rs 77.35 crore on 13.1% increase in net sales to Rs 405.81 crore in Q4 FY25 over Q4 FY24. Baazar Style Retails standalone net loss narrowed to Rs 6.39 crore in Q4 FY25 as compared with net loss of Rs 6.43 crore in Q4 FY24. Net sales jumped 54.5% YoY to Rs 345.37 crore in Q4 FY25. Agi Greenpac reported 49.6% jump in standalone net profit to Rs 96.61 crore on a 13.3% increase in net sales to Rs 704.83 crore in Q4 FY25 over Q4 FY24. Le Travenues Technology (Ixigo) reported 85.8% jump in consolidated net profit to Rs 16.72 crore on a 72.4% increase in net sales to Rs 281.14 crore in Q4 FY25 over Q4 FY24.
Business Standard
15-05-2025
- Business
- Business Standard
Nifty below 24,600 level; IT shares decline
The key equity benchmarks continued to trade with modest losses in early trade. The Nifty traded below the 24,600 level. IT stocks slipped in early trade, pausing after gains in the previous session. Market volatility was heightened due to the weekly expiry of the Nifty F&O series today. At 10:30 IST, the barometer index, the S&P BSE Sensex, declined 368.02 points or 0.45% to 80,962.54. The Nifty 50 index slipped 101.50 points or 0.41% to 24,566.70. The broader market outperformed the frontline indices. The S&P BSE Mid-Cap index rose 0.29% and the S&P BSE Small-Cap index added 0.76%. The market breadth was strong. On the BSE, 2,315 shares rose and 1,142 shares fell. A total of 202 shares were unchanged. Buzzing Index: The Nifty IT index fell 0.74% to 37,573.75. The index rose 1.34% in the past trading session. Persistent Systems (down 2.14%), LTIMindtree (down 1.15%), Infosys (down 1.09%), Coforge (down 0.65%), Wipro (down 0.65%), Tata Consultancy Services (down 0.63%), HCL Technologies (down 0.45%), Mphasis (down 0.15%) and Oracle Financial Services Software (down 0.08%) fell. On the other hand, Tech Mahindra (up 0.18%) edged higher. Result Today Abbott India (up 0.14%), Allied Blenders and Distillers (up 1.59%), Alivus Life Sciences (up 1.07%), Arvind (down 0.97%), Balrampur Chini Mills (up 1.25%), Bombay Burmah Trading Corporation (up 0.35%), Bikaji Foods International (up 0.82%), BLS International Services (up 0.55%), Caplin Point Laboratories (down 0.22%), CESC (down 2.29%), Cochin Shipyard (up 2.89%), Crompton Greaves Consumer Electricals (down 1.36%), Godfrey Phillips (up 0.97%), JSW Energy (up 1.96%), LIC Housing Finance (up 0.62%), P N Gadgil Jewellers (up 0.99%), Solara Active Pharma (up 1.28%), Welspun Enterprises (up 3.36%), Allied Blenders and Distillers (up 1.86%), Bikaji Foods International (up 0.67%), BLS International (up 0.95%) will announced their quarterly earnings later today. Stocks in Spotlight: Tilaknagar Industries zoomed 9.37% after the company reported a 145.9% surge in consolidated net profit to Rs 77.35 crore on a 13.1% increase in revenue from operations (excluding excise duty) to Rs 405.81 crore in Q4 FY25 over Q4 FY24. Dollar Industries tanked 4.14% after the companys consolidated net profit tumbled 13.74% to Rs 29.24 crore in Q4 FY25, compared with Rs 33.90 crore in Q4 FY24. However, total income jumped 9.73% year on year to Rs 550.91 crore in Q4 FY25. Agi Greenpac fell 1.62%. The company reported a 50% rise in consolidated net profit to Rs 97 crore in Q4 FY25 from Rs 65 crore in Q4 FY24. Consolidated revenue grew by 13% year-over-year (YoY) to Rs 705 crore during the fourth quarter.
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Business Standard
15-05-2025
- Business
- Business Standard
Q4 results today: JSW Energy, PB Fintech, Patanjali Food, Godrej on May 15
Q4 FY25 company results today: Godfrey Phillips, ITC Hotels, and Allied Blenders and Distillers will be among 135 companies to post earnings reports for the January-March quarter New Delhi JSW Energy, PB Fintech, Patanjali Food, and Godrej will be among 135 companies to release their earnings report for the fourth quarter (Q4) of the financial year 2024-25 (FY25) on Wednesday, May 15. These companies will also release their performance report for the entire financial year that ended on March 31, 2025. Godfrey Phillips, ITC Hotels, and Allied Blenders and Distillers will also be releasing their quarterly and yearly performance report today. Market overview May 15 In the previous trading session on Wednesday, May 14, the Sensex rose by 182.34 points (0.22 per cent) to close at 81,330.56, while the Nifty50 ended 88.55 points (0.36 per cent) higher at 24,666.90. At 6:34 am today, May 15, GIFT Nifty futures were trading 41 points higher at 24,756, suggesting a positive start for the domestic market. Quarterly earnings, institutional flows, global market cues, and comments from Federal Reserve Chair Jerome Powell are expected to guide the movement of benchmark indices—Sensex and Nifty—through the day. Follow the latest market updates here: Stock Market LIVE Updates List of firms releasing Q4 results on May 15 7Seas Entertainment Ltd. Abbott India Ltd. Allied Blenders and Distillers Ltd. Accedere Ltd. Allcargo Gati Ltd. Aditya Forge Ltd. Alivus Life Sciences Ltd. Amrutanjan Health Care Ltd. Arvind Ltd. Atal Realtech Ltd. Atlantaa Ltd. AVI Polymers Ltd. Avon Mercantile Ltd. Balmer Lawrie & Co. Ltd. Balrampur Chini Mills Ltd. Banganga Papers Ltd. Banswara Syntex Ltd. The Bombay Burmah Trading Corporation Ltd. Brand Concepts Ltd. Bikaji Foods International Ltd. BLS International Services Ltd. Camex Ltd. Cantabil Retail India Ltd. Capfin India Ltd. Caplin Point Laboratories Ltd. CESC Ltd. Cochin Shipyard Ltd. Crompton Greaves Consumer Electricals Ltd. Cubex Tubings Ltd. Darjeeling Ropeway Company Ltd. Datamatics Global Services Ltd. Ddev Plastiks Industries Ltd. Dhruv Consultancy Services Ltd. Diffusion Engineers Ltd. Ecoboard Industries Ltd. Elpro International Ltd. Endurance Technologies Ltd. Fortis Malar Hospitals Ltd. Garware Technical Fibres Ltd. Glance Finance Ltd. Gujarat Mineral Development Corporation Ltd. Godfrey Phillips India Ltd. Godrej Industries Ltd. G R Infraprojects Ltd. Haryana Leather Chemicals Ltd. Hindustan Fluorocarbons Ltd. H P Cotton Textile Mills Ltd. IFCI Ltd. Inventurus Knowledge Solutions Ltd. Indo Credit Capital Ltd. Inox India Ltd. IRM Energy Ltd. Ishwarshakti Holdings & Traders Ltd. ITC Hotels Ltd. IVP Ltd. Jayatma Industries Ltd. JSW Energy Ltd. Junglecamp Resorts Ltd. Kaka Industries Ltd. Kanpur Plastipack Ltd. Kaynes Technology India Ltd. Kennametal India Ltd. Kesar Enterprises Ltd. Kopran Ltd. Kusam Electrical Industries Ltd. Lerthai Finance Ltd. LIC Housing Finance Ltd. LT Foods Ltd. Mangal Credit and Fincorp Ltd. Mangalya Soft-Tech Ltd. Markolines Pavement Technologies Ltd. Global Health Ltd. Medi Assist Healthcare Services Ltd. Melstar Information Technologies Ltd. Menon Bearings Ltd. String Metaverse Ltd. Minaxi Textiles Ltd. Mangalam Industrial Finance Ltd. Madhya Pradesh Financial Services Ltd. Mukka Proteins Ltd. NCC Ltd. NDA Securities Ltd. Neuland Laboratories Ltd. Next Mediaworks Ltd. Niyogin Fintech Ltd. NOCIL Ltd. (formerly National Organic Chemical Industries Ltd.) Omnipotent Industries Ltd. Organic Recycling Systems Ltd. Orient Technologies Ltd. Page Industries Ltd. Palash Securities Ltd. Parmeshwar Metal Ltd. Patanjali Foods Ltd. (formerly Ruchi Soya Industries Ltd.) PDS Ltd. (formerly PDS Multinational Fashions Ltd.) P N Gadgil Jewellers Ltd. PB Fintech Ltd. (operates Policybazaar and Paisabazaar) Premco Global Ltd. Pricol Ltd. Prism Johnson Ltd. Quest Capital Markets Ltd. Rajesh Exports Ltd. Rajvi Logitrade Ltd. Rapicut Carbides Ltd. Rishiroop Ltd. R & B Denims Ltd. RPSG Ventures Ltd. Salem Erode Investments Ltd. Samor Reality Ltd. Saregama India Ltd. Senores Pharmaceuticals Ltd. Signatureglobal (India) Ltd. SKF India Solara Active Pharma Sciences Ltd. The South Indian Bank Ltd. Spencer's Retail Ltd. Sarda Proteins Ltd. Steel Strips Wheels Ltd. Surbhi Industries Ltd. Tamboli Industries Ltd. TCI Finance Ltd. Tega Industries Ltd. Thangamayil Jewellery Ltd. Tube Investments of India Ltd. Tijaria Polypipes Ltd. Transglobe Foods Ltd. Transindia Real Estate Ltd. Universal Autofoundry Ltd. Vinati Organics Ltd. Virat Industries Ltd. Vishnu Chemicals Ltd. Wanbury Ltd. Websol Energy System Ltd. Welspun Enterprises Ltd. Zee Learn Ltd. ZF Commercial Vehicle Control Systems India Ltd.
Mint
14-05-2025
- Business
- Mint
Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy today — 14 May 2025
Breakout stocks buy or sell: Benchmark indices, the Sensex and the Nifty 50, saw sharp declines on Tuesday, May 13, following a strong rally of nearly 4 percent the previous day triggered by eased tensions between India and Pakistan. The Sensex dropped by 1,282 points, or 1.55%, closing at 81,148.22, while the Nifty 50 fell 346 points, or 1.39%, to end the day at 24,578.35. The BSE Midcap and Smallcap indices closed with gains, rising by 0.17 percent and 0.99 percent respectively, outperforming the benchmark indices. Sumeet Bagadia, Executive Director at Choice Broking, believes that the Indian stock market sentiment is cautious to positive as the Nifty 50 index is trading in 24,450 to 24,900 range. Speaking on the outlook of Indian stock market, Bagadia said, ' Bullish or bearish trend can be assumed on the breakage of either side of the range. So, one should maintain stock-specific approach and look at those stocks that are looking strong on the technical chart. Looking at breakout stocks can be a good option." Sumeet Bagadia recommends five shares to buy today — Centum Electronics, TD Power Systems, Allied Blenders and Distillers, Fiem Industries, and Lumax Industries. 1] Centum Electronics: Buy at ₹ 2016, target ₹ 2160, stop loss ₹ 1950; 2] TD Power Systems: Buy at ₹ 464.8, target ₹ 500, stop loss ₹ 448; 3] Allied Blenders and Distillers: Buy at ₹ 380.9, target ₹ 410, stop loss ₹ 365; 4] Fiem Industries: Buy at ₹ 1592.5, target ₹ 1700, stop loss ₹ 1540; 5] Lumax Industries: Buy at ₹ 2577.4, target ₹ 2750, stop loss ₹ 2480. Disclaimer: The views and recommendations provided in this analysis are those of individual analysts or broking companies, not Mint. We strongly advise investors to consult with certified experts before making any investment decisions, as market conditions can change rapidly and individual circumstances may vary.
