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flag B9 Beverages reports a Rs 748 crore loss in FY2024 after changing its name and halting sales.

flag B9 Beverages, maker of Bira 91 beer, reported a significant loss of Rs 748 crore in FY2024, a 68% increase from the previous year, due to a name change and subsequent sales halt. flag The company dropped "Private" from its name, leading to a Rs 80 crore inventory write-off and a 22% decrease in sales. flag The move, aimed at preparing for a 2026 IPO, resulted in a four to six month sales disruption due to label re-registration, amid increased competition from craft and international brewers.

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