Associated Alcohols & Breweries Limited Commences Commercial Production of 130 KLPD Ethanol Plant

Associated Alcohols & Breweries Limited (AABL) has announced the commencement of commercial production of its 130 KLPD Ethanol plant at Barwaha, Madhya Pradesh. The plant is equipped with advanced technology and is a major milestone in the company's dedication to providing clean energy solutions. The company has reported a revenue of Rs 3,266 million for H1 FY24 with an EBITDA of Rs 379 million, up 21.9% YoY. The company boasts a strong balance sheet with a net debt-to-equity ratio of 0.04x as of H1FY24.,