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Business
AP State Beverages Corp's Q1 2026 Net Profit Plummets 61.7%
✍️ Business Standard
🗓 22 Aug 2026, 03:39 PM
👁 6
The Andhra Pradesh State Beverages Corporation reported a 61.69% fall in standalone net profit for the quarter ended June 2026, citing lower liquor sales and higher operating costs.
The Andhra Pradesh State Beverages Corporation (APSBCL) announced that its standalone net profit for the quarter ending June 2026 dropped sharply by 61.69% compared with the same period a year earlier. The decline was reflected in the corporation's financial statements released on Monday.
Analysts attribute the steep fall to a combination of weaker liquor sales and rising operating expenses, which together squeezed margins. Seasonal variations and tighter regulatory controls may have also played a role, though the corporation did not provide detailed breakdowns.
The profit slump is expected to affect the state's revenue collection from excise duties, as APSBCL is a major source of fiscal income for Andhra Pradesh. The corporation said it is reviewing its pricing and distribution strategies to stabilise earnings in the coming quarters.
Analysts attribute the steep fall to a combination of weaker liquor sales and rising operating expenses, which together squeezed margins. Seasonal variations and tighter regulatory controls may have also played a role, though the corporation did not provide detailed breakdowns.
The profit slump is expected to affect the state's revenue collection from excise duties, as APSBCL is a major source of fiscal income for Andhra Pradesh. The corporation said it is reviewing its pricing and distribution strategies to stabilise earnings in the coming quarters.