"This marks a significant entry into one of the largest alcohol consumption states of the country,” Som Distilleries said in a statement.
Som Distilleries and Breweries is primarily engaged in brewing, fermentation, bottling, canning and blending of beer and Indian Made Foreign Liquor (IMFL). It also supplies draught beer from its plants.
The company’s consolidated net profit jumped 19.57% to Rs 21.51 crore on a 13.06% increase in sales to Rs 301.12 crore in Q3 FY25 as compared with Q3 FY24.
The scrip fell 2.49% to currently trade at Rs 138.90 on the BSE.