• MP plant restart: The High Court granted relief and allowed the company to claim closure losses, and the Madhya Pradesh plant is expected to become fully operational within the next 10 to 15 days despite an anticipated government appeal.
• Damages assessment: The company has quantified the losses incurred during the shutdown, noting that on every ₹100 of billing it earns ₹4 in net profit versus ₹262 generated in government taxes, but will consult lawyers before deciding to claim damages.
• Volume guidance outlook: After losing six months of operations between April and September, management plans to accelerate recovery in the second half of the year, deferring updated FY27 volume growth guidance until production resumes.
• UP brewery ramp-up: Following initial teething troubles and monsoon disruptions after starting commercial production in June, the Uttar Pradesh facility has stabilized and is projected to achieve full-fledged operations from November.
• Raw material costs: Geopolitical conflicts and fuel price increases have pressured imported raw material costs, but corresponding product price increases have mitigated the impact, protecting net profit margins.