Piccadily Agro FY24 Result: PAT Jumps 354% YoY to Rs. 112 Crores; Annual Revenue Rises 30% to Rs. 829 Crores
INR 829 crores up 30% from a year ago.
The company has achieved revenue of INR 285 crores with an unprecedented revenue growth of 37% YoY in Q4 and an increase in profitability of 585% YoY to INR 43.50 crores in Q4, showcasing its resilience and strategic prowess in navigating challenging market conditions.
67% of the revenue was contributed by the company’s distillery division, Piccadily Distilleries.
Full Year Fiscal 2024 Financial Highlights Speaking on the results, Dharmendra Kumar Batra, Whole Time Director, Piccadily Agro Industries Limited, said “We're thrilled to announce a phenomenal quarter, capping off a year of exceptional performance. This achievement is a testament to the dedication and talent of our team. Looking forward, we're energized by our future initiatives aimed at sustaining profitable growth and creating strong value for our shareholders."
Stock Ticker: (PICCADIL | 530305 | INE546C01010)
https://www.bseindia.com/stock-share-price/piccadily-agro-industries-ltd/piccadily-agro-inds/530305/ About Piccadilly Agro Industries Limited
Piccadily Agro Industries Limited (PAIL), a Public Limited Company was incorporated in the year 1994.
Beyond spirits, the company is also a significant manufacturer of Ethanol, Extra Neutral Alcohol (ENA), CO2 and white crystal sugar.
Website: www.picagro.com Abhishek Haryson, Piccadily Distilleries, a.haryson@piccadily.com, +91-9891356547; Shreya Bhattacharya, Avian WE, shreyab@avianwe.com, +91-9582891650 Disclaimer: This article is a paid publication and does not have journalistic/editorial involvement of Hindustan Times.
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