You are making the mistake of ignoring the 58.5 lac cases of Malta rum they mentioned at page 16 of the same annual report . So they did not make 99% of sales from whisky in fy23. It’s possible that they have stopped or reduced production of less profitable products . They have reduced selling malts to other distilleries going by the podcast shared earlier in this thread.I do not think it is possible to accurately calculate the share of profit and revenue solely from Indri unless management shares the details . But AR for FY24 will give some indication of products discontinued or reduced .
| Subscribe To Our Free Newsletter |
