• Bhopal plant relief: The MP High Court quashed the order rejecting the company's Bhopal plant license renewal, directed the government to issue licenses with a ₹2 lakh cost imposed on the state, and permitted the company to claim losses incurred during the closure period.
• Revenue concentration targets: The Bhopal flagship plant currently contributes nearly 50% of total revenue, down from 70% three years ago, with management targeting a further reduction in dependency to 25% over the next two years.
• Geographic market expansion: The company completed trial productions at its Uttar Pradesh facility, secured approvals to launch beer in Andhra Pradesh by early October, and expanded its market share in Tamil Nadu from under 1% to 3–4%.
• Commodity cost absorption: Although liquor price revisions can only be implemented once annually in March or April, input cost inflation remains manageable due to strong volume growth and premiumizing consumer demand.