Malt Land Distilleries Q1 Results: Revenue rises 4.5% YoY to ₹1,036.7 crore
Malt Land Distilleries reported Q1FY26 standalone revenue of ₹10,367.04 lakh, up 4.5% YoY. Consolidated revenue fell 24.4% to ₹11,966.38 lakh. The company declared a dividend of ₹0.12 per share.

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Malt Land Distilleries (formerly Abhijit Trading Co. Limited) has announced its unaudited financial results for the quarter ended June 30, 2026. The company reported a modest rise in top-line growth alongside a stable dividend payout.
Standalone revenue from operations stood at ₹10,367.04 lakh for Q1FY26, compared to ₹9,916.22 lakh in the corresponding quarter of the previous year. Consolidated revenue was higher at ₹11,966.38 lakh, reflecting the group's broader operational scope.
Financial Highlights
The company’s profitability metrics showed mixed trends between standalone and consolidated figures. Standalone profit before tax rose to ₹460.03 lakh from ₹1,123.55 lakh in Q1FY25, while consolidated profit before tax increased significantly to ₹2,10.33 lakh from ₹1,951.18 lakh in the prior year period.
| Metric: | Standalone Q1FY26 | Standalone Q1FY25 | Consolidated Q1FY26 | Consolidated Q1FY25 |
|---|---|---|---|---|
| Revenue from Operations: | ₹10,367.04 lakh | ₹9,916.22 lakh | ₹11,966.38 lakh | ₹15,840.66 lakh |
| Profit Before Tax: | ₹460.03 lakh | ₹1,123.55 lakh | ₹210.33 lakh | ₹4,495.56 lakh |
| Net Profit After Tax: | ₹460.03 lakh | ₹1,123.55 lakh | ₹210.33 lakh | ₹4,495.56 lakh |
| Dividend Per Share (%): | 1.20% (₹0.12) | 3.70% (₹0.37) | 1.20% (₹0.12) | 13.20% (₹1.32) |
The Board of Directors declared a final dividend of ₹0.12 per equity share, representing a payout ratio of 1.20% of the face value. This marks a decrease from the ₹0.37 per share dividend declared in Q1FY25.
What the Numbers Show
A notable divergence exists between the standalone and consolidated performance metrics. While standalone revenue grew by approximately 4.5% year-on-year, consolidated revenue declined by roughly 24.4%, dropping from ₹15,840.66 lakh to ₹11,966.38 lakh. This suggests that the subsidiary or associate entities within the consolidated group experienced significant headwinds during the quarter, contrasting with the parent company's steady operational performance.
The financial results were published in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was signed by Virendra Jain, Managing Director, on August 15, 2026.
Historical Stock Returns for Malt Land Distilleries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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| 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
What specific operational or market headwinds caused the 24.4% decline in consolidated revenue despite the parent company's growth?
How does the significant drop in dividend payout from ₹0.37 to ₹0.12 per share signal management's capital allocation strategy for the remainder of FY26?
Will Malt Land Distilleries initiate any restructuring measures for its underperforming subsidiaries to align consolidated performance with standalone metrics?


































