Globus Spirits launched its first single malt whisky

Founded in 1992, Globus Spirits Limited is mainly involved in the production and commercialization of bulk alcohol hand sanitizer, franchise bottling, Indian-made foreign liquor (IMFL), and Indian-made Indian liquor (IMIL). It features a special 360° model that encompasses the whole value chain of alcohol. In India, it is the first to establish a grain distillery and introduce branded DDGS. Our production sites, which are dispersed throughout Rajasthan, West Bengal, Bihar, and Haryana, maximize raw material yields to enable excellence. We can maximize the yield of alcohol while simultaneously optimizing the production of by-products, which results in the full utilization of the raw material, thanks to our fully functional production units. The facilities of Globus Spirits are also facilitating the cogeneration of electricity from renewable biomass as fuel and a clean environment with a zero pollution footprint. Consistent performance of the Prestige Spirits franchise business, which has sold more than 4 million cases. Globus Spirits’ Prestige Spirits division is a market disruptor with a strong portfolio of age-claimable, distinctive brands. We introduced the first grain-neutral alcohol-based brand in India, setting a new standard for branding in the Value Spirits market. Globus Spirits has become a dominant force in the Value Spirits market, operating in four Indian states.

All about DŌAAB India Craft Whisky: 

A modern range of limited-edition Indian whiskies, DŌAAB India Craft Whisky was born out of an exploratory and adventurous spirit. Hindi DŌAAB, also written दोआब, means “the land between two rivers” and is most commonly used to refer to the alluvial land that separates the Ganga and Yamuna. Its root words are “dō,” which means “two,” and “aab,” which means “water” or “river.” The brand’s philosophy, which maintains that the most rich and fruitful ideas come from the unexpected blending of two opposing viewpoints, is embodied in the name. Dōaab is an expedition of discovery and curiosity.

Our intention is to continuously release new, limited-edition Indian whisky varieties by exploring and taking chances. Dōaab is a never-ending stream that grows and changes with each new variation. Dōaab is a charming combination of the two. perspectives, two influences, and two generations. This assortment of limited-edition whiskies is intended for an India that is prepared to defy convention. Dōaab India Craft Whiskey’s 01 Single Malt Whiskey is arriving in a bottle with a capacity of 750 milliliters for a price ranging from Rs. 4500 to Rs. 5500, contingent upon the state and its suitable price schedule that complies with requirements. The brand starts its journey in Jaipur with an introduction, and this exceptional offering will gradually make its inroads gradually to more states catering to single malt whisky consumers.

Globus Spirits Q4 2024 Results:

Total income decreased by 11.01% to Rs. 780.16 Cr; operating profit decreased by 68.10% to Rs. 8.41 Cr; profit after tax decreased by 99.42% to Rs. 0.26 Cr; and operating margin decreased by 80.68% to Rs. 1.08%.

Today, Globus Spirits Ltd.’s stock is up almost 2%:

The stock of Globus Spirits Ltd. is currently trading at Rs. 1,338.60 per share, up almost 2% from its peak traded price of Rs. 1,369.75 per share.

Conlusion: Globus Spirits anticipates a significant rise in revenue and sales as a result of brand new DŌAAB India Craft Whisky.

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