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Som Distilleries & Breweries Ltd. — Earnings Release 2020
Jun 29, 2020
63587_rns_2020-06-29_bc23f591-67ae-49d6-9c1a-b51295faa06a.pdf
Earnings Release
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~ GROUP OF COMPAHIIS[c?&O] (j SOM DISTillERIES & BREWERIES l TO.
CIN : L74899DL 1993PLC052787
ISO 900 I:20 15 Certified Company Corporate Office: 23, Zone-II, Maharana Pratap Nagar, Bhopal-462 0 I 1 (Madhya Pradesh) Tel.:+91-755-4278827,4271271 Fax: +91-755-2557470 E-mail: [email protected], [email protected], Web: www.somindia.com Works: VillageRojrachak, Distt. Raisen (Madhya Pradesh) Ph.:+91-7480-266244-5
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----- Start of picture text ----- SDBLIBS E/NSE/2020 Date: 29.06,2020The Manager, Dy. General Manager,Listing Department, Department of Corporate Services,NATIONAL STOCK EXCHANGE OF SSE LIMITED,INDIA LIMITED'Exchange Plaza' C-1 , Block G, First Floor, P.J. Towers,Bandra-Kurla Complex, Bandra (E), Dalal Street, Fort,Mumbai-400 051. Mumbai - 400001.[email protected] corp. compl [email protected]Security 10: SDBL Security 10: 507514----- End of picture text -----
SUBJECT: - PRESS RELEASE - HIGHLIGHTS OF THE RESULTS FOR THE FY 19-20 -ISIN : INE480C01012
Dear Sir/Madam,
In terms of Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we have the pleasure in informing the stock exchanges & general investors that on a consolidated basis the net sales of the company were at Rs. 459.89 crores in the FY 19-20 as compared to Rs.393.27 crores in the FY 18-19 reflecting a growth of 17%.
The EBIDTA of the company on a consolidated basis was Rs. 47.93 crores in FY 19-20 as compared to RS.52.79 crores in the FY 18-19.
Similarly, the PAT of the company on a consolidated basis was Rs. 15.10 crores in FY 19-20 as compared to Rs. 19.62 crores in the FY 18-19.
The sales and the margins were impacted for the FY 19-20 were impacted by the outbreak of the COVID-19 pandemic. The operations of the company were severely impacted since early March due to the outbreak of the COVID -19 pandemic and unfortunately right at the start of the season for beer for the FY 20-21.
Because of the lockdown, the volumes in March were severely impacted. There were no operations in April and some activity picked up in May. The company has sufficient liquidity and demand of its products to continue its operations. The supply chain which was disrupted during the lock down has also been normalized. The dispatches of the finished goods are being sent across to the markets, but the production facilities are operating intermittently.
The overall situation continues to be fluid as the major markets of the company have only partially opened. We are closely monitoring the situation and have initiated crisis management actions to ensure the safety and security of the employees as well as uninterrupted operations.
This is for your information and records please.
Thanking you,