Piccadily Agro’s Q3 FY25 Results: Record-Breaking Growth in Premium Spirits
New Delhi: Piccadily Agro Industries Limited (PAIL), India’s largest independent manufacturer of malt spirits and the producer of the award-winning Indri Single Malt and Camikara, India’s first pure cane juice rum, has announced its Q3 FY24-25 results. The company has seen a notable increase in both sales and profitability, driven by its distillery division, which posted an impressive 18.48% YoY growth, driving revenue of the distillery division to Rs. 183.91 Cr. On standalone basis, the company has achieved Profit After Tax (PAT) of Rs. 25.04 Cr. in Q3 FY24-25, which is a 32.14% increase with an EBITDA of Rs. 50.86 Cr., an increase of 46.07% as compared to Q3 FY 23-24. The company reported a Total Revenue of Rs. 208.32 Cr. in Q3 FY24-25, the Net Profit Margin rose to 12.02% (a growth of 21.78% YoY), while the Earnings Per Share (EPS) increased by 33% YoY, at Rs. 2.65.
Key Highlights of Premium Alco-bev Brands Performance (Q3 FY24-25):
- Sales Volume Growth %: Premium Alco-Bev brands achieved a significant increase of 87% in sales volume as compared to Q3 of FY 23-24.
- Single Malt Volume Growth %: Indri single malt witnessed an outstanding sales volume growth of 54% YoY.
- Revenue Growth %: Premium Alco-Bev brands achieved a significant revenue growth of 39% YoY.