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ABD's profit jumps 32% despite a dip in revenue
Business
Allied Blenders and Distillers (ABD) pulled off a 32% jump in profit this quarter, reaching ₹62.91 crore—even though their revenue actually dropped by nearly 4%.
A reduction in expenses contributed to the profit increase.
ABD trims expenses by over 5%
ABD trimmed expenses by over 5%, which helped boost profits despite lower sales.
Their Managing Director, Alok Gupta, says this is the fifth strong quarter in a row since listing, crediting their focus on premium products and better margins.
He's feeling upbeat about the rest of FY26 too, especially with the festive season coming up.
For those tracking stocks: ABD shares closed at ₹672.85 on Tuesday, down just a bit from the previous day.