Asgard Alcobev Q2 Profit Soars To ₹2.55 Crore, Revenue Doubles To ₹48.93 Crore As Brewing Business Gains Momentum
Mumbai: Asgard Alcobev Limited reported a sharp increase in consolidated revenue and profitability for the second quarter of FY27, supported by improved manufacturing efficiency and higher capacity utilisation following its transition to the brewing business. Revenue from operations surged 102.84% year-on-year to ₹48.93 crore during the July-September quarter, compared with ₹24.12 crore in the…
Mumbai: Asgard Alcobev Limited announced a significant surge in consolidated revenue and profits for the second quarter of FY27, driven by increased manufacturing efficiency and higher capacity utilisation as the company shifted to brewing operations. Revenue from operations jumped 102.84% year-on-year to ₹48.93 crore, up from ₹24.12 crore in the previous quarter.
Net profit leapt to ₹2.55 crore, marking a 1,402.30% increase from ₹16.95 lakh a year ago, a 52.48% improvement. However, this growth is partly due to the company's transition to brewing following its acquisition of CMJ Breweries in February 2026.
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