Liquor contract manufacturer Associated Alcohols & Breweries (AABL) has delivered impressive results in Q3 FY21 on the back of improved demand conditions. Earnings are poised for growth following a recovery in domestic economic activity and an uptick in consumer sentiment. Results snapshot AABL’s impressive performance was driven by a healthy performance across all its business verticals. Benign raw material prices and control on discretionary spends aided the margin profile in the quarter gone by. (image) On a segmental basis, the Merchant ENA...
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