Submission of Annual Report of Northern Spirits Limited for the Financial Year 2024-2025.
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Northern Spirits Ltd has submitted its 13th Annual Report for the financial year ended 31st March 2025 to BSE, fulfilling the requirement under Regulation 34 of SEBI's Listing Rules. The company's gross revenues surged to Rs. 1,94,261.38 Lakhs in FY25 from Rs. 1,23,530.58 Lakhs in FY24, while net profit rose 38.6% to Rs. 2,296.96 Lakhs from Rs. 1,657.28 Lakhs. EPS improved to Rs. 14.33 from Rs. 10.32, and EBITDA grew to Rs. 3,083.58 Lakhs from Rs. 2,229.53 Lakhs. A key highlight is the company's migration from the BSE SME platform to the BSE Main Board on 9th December 2024, which broadens investor access. The company has also secured exclusive pan-India distribution rights for premium Italian brands like Amalfi Limoncello, Ritorno wines, and Aqva Di Gin. The Board has recommended a final dividend of Re. 0.30 per share (3%), subject to shareholder approval at the AGM on 19th September 2025 in Kolkata.
Strong revenue and profit growth, combined with the Main Board migration, could improve liquidity and attract more institutional and retail investors. The proposed dividend offers a modest yield, while the Italian brand distribution deal signals future growth in the premium segment.