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Allied Blenders Q2 Results: Profit rises 9.7% to Rs 69 crore, revenue up 6.8%

Q2 profit rose 9.7% to Rs 69 crore with revenue up 6.8%.

What happened: Allied Blenders and Distillers reported a 9.7 percent rise in Q2 profit to Rs 69 crore, with revenue from operations up 6.8 percent. Key numbers: Profit Rs 69 crore vs Rs 62.91 crore a year ago. Revenue Rs 2,085.45 crore vs Rs 1,953 crore. Total expenses Rs 1,946.3 crore, up 6.51 percent. Total income Rs 2,089.46 crore, up 6.74 percent. Shares settled at Rs 692.20 on BSE, up 3.04 percent. Why it matters: The company posted growth in both profit and revenue for the September quarter, and its shares rose 3.04 percent on the BSE. Coverage: 3 outlets in 24h
Allied Blenders and Distillers reported a 9.7 percent rise in Q2 profit to Rs 69 crore, with revenue from operations up 6.8 percent.
The company posted growth in both profit and revenue for the September quarter, and its shares rose 3.04 percent on the BSE.
Sources