Comfort Intech Limited Reports Stellar Q1 FY 25 Financial Performance

Comfort Intech Limited revealed a remarkable surge in profit and comprehensive income for Q1 FY 25, with standalone profit increasing by 137% and consolidated net income growing by 190%. The company, a significant player in liquor manufacturing, plans to expand into new markets in India.

Mumbai: Comfort Intech Limited, a leading figure in liquor manufacturing and goods trading, has reported a substantial increase in its profit and total comprehensive income for the first quarter of FY 25.

According to the company's press release, the standalone profit jumped by 137%, rising from INR 1.29 Cr. in the quarter ended March 24 to INR 3.06 Cr. in the quarter ended June 24. Its standalone comprehensive income also grew by 120%, from INR 6.65 Cr. in March to INR 14.61 Cr. in June.

Moreover, the consolidated net income soared by 190%, escalating from INR 2.87 Cr. in March to INR 8.29 Cr. in June, while consolidated comprehensive income surged 141%, increasing from INR 8.24 Cr. in March to INR 19.83 Cr. in June.

Comfort Intech Limited, a prominent manufacturer, bottler, and distributor of high-quality spirits in Telangana, reported selling over 3 million cases of popular brands like Deccan Blue and Gold Mark Whiskey. The company's advanced manufacturing facility in Hyderabad, which occupies 2 acres, features semi-automatic and fully automatic bottling systems across five operation lines. This facility meets both contractual requirements and supports large volume production for their own brands.

Given this robust financial performance, the company plans to expand into new markets across India, focusing on strategic and effective growth by identifying and exploiting lucrative opportunities.

(Disclaimer: The above press release is provided by HT Syndication, and PTI takes no editorial responsibility for this content.)

(With inputs from agencies.)