Northern Spirits zoomed 15.33% to Rs 199 after the company's standalone net profit soared 109.56% to Rs 9.20 crore in Q3 FY25 as against Rs 4.39 crore posted in Q3 FY24.
Revenue from operations was at Rs 528.16 in the third quarter of FY25, marking a growth of 68.10% year on year (YoY).
Profit before tax spiked 88.33% to Rs 12.11 crore in Q3 FY25 as against Rs 6.43 crore posted in Q3 FY24.
Total expenses were up by 67.60% year on year to Rs 516.18 crore in the quarter ended 31 December 2024. Purchases of stock in trade stood at Rs 472.34 crore (up 116.49% YoY), while finance stood at Rs 9.10 crore (up 366.66% YoY).
On a nine-month basis, the companys standalone net profit jumped 78.07% to Rs 20.87 crore on a 62.05% rise in revenue from operations to Rs 1,476.13 crore in 9M FY25 over 9M FY24.
Northern Spirits is engaged in the business of the purchase and sale of beverage alcohol (spirits and wines).
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