Allied Blenders & Distillers Ltd. News and Updates

Keep track of all breaking news on Allied Blenders & Distillers Ltd. from all sources in a single place.

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Allied Blenders & Distillers Ltd.

30 Oct 2024

392.85

-1.90%

to see Rapid results content

Allied Blenders & Distillers Ltd.

29 Oct 2024

392.85

-1.90%

Allied Blenders and Distillers Q2 results: PAT jumps to Rs 47.6 cr

Business Standard

Allied Blenders and Distillers Ltd (ABDL) on Tuesday reported over four-fold jump in consolidated net profit to Rs 47.56 crore in the September quarter on strong margin and interest cost savings. It posted a consolidated net profit of Rs 11.34 crore in the July-September period a year ago, according to a regulatory filing from ABDL. ABDL's revenue from operations rose 5.23 per cent to Rs 2,029.10 crore during the quarter under review. It was Rs 1,928.11 crore in the year-ago period. "The robust performance in PAT was led by strong EBITDA growth and interest cost savings as the high-cost debt was repaid by IPO proceedings during the quarter," said ABDL in its earning statement. The total expenses of ABDL increased 3.7 per cent to Rs 1,925.78 crore in the September quarter. Its total income, which includes other income, grew 5.3 per cent to Rs 2,031.11 crore. "Overall, we delivered 8.3 mn cases in Q2 FY25, a growth of 14.8 per cent vs 7.3 mn cases in Q1 FY25 and in-line with 8.3 mn

Allied Blenders & Distillers Ltd. has gained 39.80% in the last 1 Year

Allied Blenders & Distillers Ltd.

21 Oct 2024, 02:53PM

392.85

-1.90%

Allied Blenders partners with Roust to launch Russian Standard Vodka in India, stock tumbles

Business Line

The premium vodka brand will be available in three variants priced at 2,200; 2,600; and 5,000 respectively in Maharashtra

Allied Blenders & Distillers Ltd. has gained 22.75% in the last 1 Month

Allied Blenders & Distillers Ltd.

15 Oct 2024

392.85

-1.90%

ABDL plans blended malt scotch whisky launch; to expand premium product portfolio

Business Line

The company has an 8%per cent market share in the Indian whiskey category

Allied Blenders & Distillers Ltd. has gained 22.75% in the last 1 Month

Allied Blenders & Distillers Ltd.

21 Sep 2024, 09:28AM

392.85

-1.90%

Officer's Choice Maker Targets Double-Digit Growth This Financial Year

NDTV Profit

ABDL is now planning to launch several premium alcohol brands in its efforts for growth.

Allied Blenders & Distillers Ltd. has gained 25.95% in the last 6 Months

Allied Blenders & Distillers Ltd.

05 Sep 2024

392.85

-1.90%

Allied Blenders, Ranveer Singh to start new venture in premium segment

Business Standard

Liquor maker Allied Blenders and Distillers has partnered with Bollywood star Ranveer Singh to start a new business venture to offer a portfolio of premium brands. The board of Allied Blenders and Distillers Ltd (ABDL) has approved the formation of the new venture on Wednesday, said a statement from the company. "The creation of this would mark a strategic move for ABDL, allowing the new venture to focus on the exciting world of luxury spirits, while retaining the existing core brands in ABDL itself," said a joint statement With Indians drinking better and trending to luxury products, this business is set to make a significant impact. "The entity will launch its own brands, partner with promising Indian start-ups, work with major international brands, and use the strong ABDL sales and manufacturing networks with clear go-to-market strategies," it said. ABDL Managing Director Alok Gupta said: "This new venture, with the major impact personality like Ranveer Singh, represents our ..

Allied Blenders & Distillers Ltd. is trading above all available SMAs

Officer's Choice Whiskey maker's shares rally after JV with Ranveer Singh

Business Standard | 05 Sep 2024 1 more

Allied Blenders & Distillers Ltd.

12 Aug 2024

392.85

-1.90%

ABD in talks with Russian Standard, ThaiBev for India product distribution

Business Standard

Allied Blenders & Distillers holds an estimated 11.8% market share in the Indian whisky market and is looking to expand its spirits portfolio, venturing into segments like vodka and scotch

Allied Blenders & Distillers Ltd. is trading above all available SMAs

Allied Blenders & Distillers Ltd.

22 Jul 2024

392.85

-1.90%

to see Rapid results content

Allied Blenders & Distillers Ltd.

02 Jul 2024

392.85

-1.90%

Allied Blenders and Distillers lists at 14% premium to issue price

Business Standard

Shares of Allied Blenders and Distillers listed at Rs 320, a 14 per cent premium over its issue price of Rs 281 per share on the National Stock Exchange on Tuesday.

Allied Blenders & Distillers Ltd. has gained 25.95% in the last 6 Months

Allied Blenders & Distillers Ltd.

25 Jun 2024

392.85

-1.90%

Officer's Choice whisky maker Allied Blenders' IPO subscribed 51% on Day 1

Business Standard

The initial public offer of Allied Blenders and Distillers, the maker of Officer's Choice Whisky, received 51 per cent subscription on the first day of bidding on Tuesday. The Rs 1,500-crore initial share sale received bids for 2,01,69,680 shares against 3,93,71,669 shares on offer, as per NSE data. The category for non-institutional investors received 87 per cent subscription while the Retail Individual Investors (RIIs) part got subscribed 63 per cent. The Qualified Institutional Buyers (QIBs) portion received 2 per cent subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 1,000 crore and an offer for sale of up to Rs 500 crore. The initial share sale has a price range of Rs 267-281 a share. Allied Blenders and Distillers Ltd on Monday said it raised Rs 449 crore from anchor investors. Proceeds from the fresh issue worth Rs 720 crore will be used for the payment of debt, and a portion will be used for general corporate purposes. With a market share of over

40.81% Gain from 52W Low

Allied Blenders & Distillers Ltd. News and Updates

Keep track of all breaking news on Allied Blenders & Distillers Ltd. from all sources in a single place.