Fierce cold beer is a great news for amateurs. Summer has not even started and beer enthusiasts have set a big record. By the way, beer of many brands like Kingfisher, Beera, Budwiser, Tuborg is sold in India. Kingfisher has a market share of about 42.4%. But Carlsberg has emerged as the most drunk beer. Carlsburg's market share is lower than Kingfisher, but it is growing rapidly in the premium segment. This is the reason that in a year people have purchased it fiercely, due to which the company's profit has increased by more than 60 percent in a year.
In fact, Beer-making company Carlsburg India's financial year 2023-24 has increased the profit of 60.5 percent to Rs 323.1 crore. Callsburg has informed the Company Registrar (ROC) about this. According to the financial data obtained through the business intelligence platform tofler, Carlsburg India's total income for the financial year ended March 31, 2024 increased by 15.2 percent to Rs 8,044.9 crore. This is Carlsburg's highest revenue ever in India. In this way, the company crossed the revenue mark of Rs 8,000 crore.
The company said, during the financial year 2023-24, its profit under single financial statement has been Rs 323 crore. The company said that the beer industry has continued to grow well in terms of quantity. During the financial year, the company's cash and bank increased to Rs 930.4 crore and Rs 1,116.5 crore respectively.
Carlsburg India Private Limited recorded a total profit of Rs 201.3 crore in the last financial year 2022-23. On a single basis, the company's operational income was Rs 6,937 crore. In the financial year 2023-24, the company's excise fee expenditure increased by 13.4 percent to Rs 4,877.8 crore. It was Rs 4,301.6 crore in FY 2022-23. Carlsburg India's advertisement publicity expenditure was Rs 96.5 crore in FY 2023-24 and the total expenditure rose 13.4 percent to Rs 7,628.3 crore.