India :  SOM Distilleries & Breweries Limited (SDBL), one of the fastest growing companies in the brewing Industry, announced its financial results for the three quarters of FY 2012-13. During this nine month period, the company has performed exceedingly well and shown impressive results.

Net sales/income from operations has increased by 9.60 % to Rs.1564 million. This is a notable jump from Rs. 1427 million reported in the corresponding nine months of the last financial year. EBIDTA increased by 10.22 % to Rs.244 million in the nine months of the current year as against Rs. 222 million in the corresponding period last year. PAT was up by 37.51 % at Rs.165 million as against Rs.120 million while the Earning Per Share (EPS) has increased by 37.51 % to Rs 6.01 as compared to Rs 4.37.

SDBL has been performing impressively in the market too. The company has delivered a 40% increase in draught beer sales in Madhya Pradesh led by Hunter.  SDBL’s mild beer brands’ growth curve is slightly ahead of the industry, with Woodpecker and Legend growing in line with the market.  To provide impetus to the growth of the Hunter brand, Hunter Draught beer was initially launched in Madhya Pradesh in the year 2005 by SDBL and has the distinction of being India’s first ‘strong’ beer.   Hunter Extra Strong Premium Beer comes in two variants – Bottle (650 ml & 325 ml) and Cans (500 ml & 325 ml).  The golden yellow format of the product, combined with the stimulating taste of fresh draught beer, is already proving to be a big hit with consumers.

Commenting on the results, Mr. Nakul Sethi (Director- Finance & Strategy), SDBL said, “We continue to witness growth in sales and profits and the numbers speak for themselves. We are happy with the response of consumers to our products, which has been positive. Our brands have established themselves in the market and we look forward to robust growth.”

Financial Results:

— Net sales – Increased by 9.60% at Rs. 1564 million as compared to nine months of FY 2012-13.

EBITDA – Increased by 10.22% at Rs. 244 million as compared to the corresponding period in FY 2011-12.