Stock Crash: Shock from Q3 results! Company shares plunged 12 percent

News Topical, Digital Desk : The company's shares fell sharply on Wednesday, February 11th. As soon as the stock market opened, they plunged nearly 12 percent. The company had released its quarterly results (Q3 Results) just a day earlier, and the shares plunged the very next day. This stock has been declining for the past year. Know every update.

Shares of Som Distilleries and Breweries fell by 11.7 percent on Wednesday, February 11, after the company released weak Q3 results a day earlier. The premium liquor and beer maker's net profit fell 76 percent to Rs 4.6 crore in the December quarter, compared to Rs 19.2 crore in the same period last year. The company's revenue declined 16.8 percent year-on-year to Rs 250.5 crore, compared to Rs 301.1 crore in Q3FY25.

EBITDA declined to Rs 19.9 crore
EBITDA also declined by 45.4 percent year-on-year to Rs 19.9 crore, from Rs 36.4 crore last year. EBITDA margin stood at 7.9 percent, compared to 12 percent last year.

Som Distilleries and Breweries Share Price
The stock fell to an intraday low of Rs 84.85 in early trade, slightly above its 52-week low of Rs 83.50. The stock later recovered slightly and was trading at around Rs 88, down nearly 8 percent, which is more than 50 percent below its 52-week high of Rs 173.03 (Som Distilleries Share Price). The stock has fallen 1.28 percent in the last 5 days, 13.13 percent in 1 month, 41.42 percent in 6 months and 14.24 percent in 1 year.

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