Q1 2026 Som Distilleries and Breweries Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to the Q1 FY26 earnings conference call hosted by Sam Distilleries & Breweries Limited. Please note that this conference is being recorded.
I now hand the conference over to Mr. Diwakaran Suryanarayana. Thank you, and over to you, sir.
Thank you very much. Good afternoon, all of you. A warm welcome to all of you on behalf of Som Distilleries and Breweries. Thank you very much for joining us today. It's always a pleasure to connect with our valued investors and analysts.
Q1, we experienced a significant drop in beer consumption led by unseasonal rains and higher excise duties in the state of Karnataka. Rains were across, not just in Karnataka, unseasonal rains. The unfavorable policy in Karnataka impacted our company, also the volume to the entire industry, leading to a decline of over 20% in Q1 versus Q1 last year. At an all-India level as well, the unseasonal rains have impacted the overall beer consumption.
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