Moneycontrol
Last Updated : Jan 23, 2018 05:05 PM IST | Source: CNBC-TV18

Expect revenue of around Rs 450 crore in FY19: Som Distilleries

The Som Distilleries stock was in high spirits in 2017 and the run-up continues in 2018 with 52% gains already so far. What more is in store for the company? In an interview with CNBC-TV18, JK Arora, Chairman of the company discussed this and more.

CNBC TV18 @moneycontrolcom

The Som Distilleries and Breweries stock was in high spirits in 2017 and the run-up continues in 2018 with 52% gains already so far. What more is in store for the company? In an interview with CNBC-TV18, JK Arora, Chairman of the company discussed this and more.

Karnataka is one of the biggest market in the country. We hope to continue the growth rate of 50 percent, he said.

From Karnataka plant we will be getting revenues of around Rs 150 crore and expect revenue of around Rs 450 crore in FY19, he added.

Going to increase promoter shareholding in coming years, said Arora.

Expect growth of 40 percent in terms of revenue for FY18, he further mentioned.

For full interview, watch accompanying video...
First Published on Jan 23, 2018 05:05 pm

tags #Business

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