India's Allied Blenders gains on Q1 profit rise

Allied Blenders and Distillers

30/07/2025 05:39

** Shares of Allied Blenders ALLE.NS rise 2.5% to 500 rupees

** Whisky maker posts a nearly four-fold Y/Y rise in June-qtr consol net profit to 565.6 mln rupees ($6.49 mln)

** Revenue from operations rises 0.5% Y/Y

** More than 1 mln shares change hands, 2.1x its 30-day avg

** ALLE rated "strong buy" by 5 analysts on average; median target price is 517 rupees – data compiled by LSEG

** Stock up 15% YTD

($1 = 87.1560 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))