B9 Beverages Private Limited has announced its annual report for the financial year ended March 31, 2022.
- As per the annual report, in FY22, the gross revenue of the company has reported an increase of 59% to Rs. 733 crore as against Rs. 462 crore in the previous financial year.
- The total expenses of the company have also increased 59% to Rs. 1069 crore as against Rs. 674 crore in the previous financial year.
- The Loss Before Tax of the company has also reported an increase of 59% to Rs. 335 crore as against Rs. 211 crore in the previous financial year.
- The Loss After Tax of the company has also reported an increase of 59% to Rs. 335 crore as against Rs. 211 crore in the previous financial year.
- In FY22, the net assets of the company increased 8% to Rs. 993 crore as against Rs. 921 crore in the previous financial year.
- The total equity and liabilities of the company has also increased 8% to Rs. 993 crore as against Rs. 921 crore in the previous financial year.
- In FY22, the net cash used in operating activities of the company was Rs. 180 crore as against Rs. 121 crore in the previous financial year.
- The net cash used in investing activities of the company was Rs. 57 crore as against Rs. 66 crore in the previous financial year.
- The net cash generated from financial activities of the company was Rs. 231 crore as against Rs. 188 crore in the previous financial year.
- This shows that Bira's operational losses were compensated by raising funds from equity.
Incorporated in 2012, B9 Beverages Private Limited is engaged in trading and manufacturing of alcoholic beverages. In 2015, the company changed its name from Divya Jyoti Coaching Institute Private Limited to B9 Beverages Private Limited. The Company has its registered office at Connaught Place in New Delhi.
Bira91 FY23 Results