ASALCBR Associated Alcohols & Breweries Q2 FY26 results (Jul–Sep 2025) and concall
Associated Alcohols & Breweries Limited reported a mixed Q2 FY26, with strong volume growth in proprietary IMFL brands (37% YoY) and strategic progress in new product launches and geographic expansion. However, overall revenue remained flat, and profitability was impacted by margin pressures from lower byproduct realization, increased marketing expenses in new states, and a shift in the licensed business model, leading to a 4% YoY decline in EBITDA and a 100 bps margin compression.
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What they filed
Q2 FY26: revenue down 0.4%, net profit down 6.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 |
|---|---|---|---|---|---|
| Revenue | 255 | 327 | 242 | 267 | 254 −0% |
| EBITDA | 25 | 40 | 35 | 37 | 24 −4% |
| Net profit | 15 | 26 | 22 | 24 | 14 −7% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.





