Sugar company Piccadily Agro Industries announced Q2FY25 results Financial Highlights: Profit Before Tax (PBT) of Rs 33.04 crore in Q2FY25, which is a 106.50% increase YoY. EBITDA of Rs 43.63 crore, an increase of 74.45% YoY. Net Revenue from Operations of Rs 200.52 crore. Net Profit Margin rose from 9.72% to 12.44% YoY. Earnings Per Share (EPS) increased by 109.52% YoY, at Rs 2.64. Other Highlights: Single Malt Volume Growth: Indri single malt witnessed an outstanding sales volume growth of 443% YoY. Sales Volume Growth: Premium Alco-Bev brands have achieved a significant increase of 426% in sales volume as compared to Q2FY25. Revenue Growth: The total revenue has risen by 63.45% YoY. Harvinder Chopra, Managing Director, Piccadily Agro Industries, said: “Our Q2 results underscore the remarkable growth potential of India’s premium alco-bev sector and Piccadily’s leading role in redefining this landscape. A 106.50% increase in PBT and 74.45% rise in EBITDA over the previous year’s quarter showcase not only the strength of our brands but also the escalating global demand for Indian spirits. Indri Single Malt and Camikara have struck a chord with a discerning new generation of consumers seeking quality and authenticity. We’re witnessing a pivotal shift in the market, and with demand outpacing supply, we are committed to expanding our production and solidifying India’s position on the world spirits map.” Result PDF