Piccadily Agro Soars: 36% EBITDA Surge Fueled by Booming Liquor Demand

Liquor lifts all boats—especially Piccadily Agro's balance sheet. The agri-processing firm just posted a staggering 36% EBITDA jump, riding the wave of relentless global thirst for spirits. Turns out, economic downturns don’t dry up alcohol sales; they just shift the drinking from bars to living rooms.

Behind the numbers: Distilleries are guzzling Piccadily’s agro-products faster than a frat party downs cheap vodka. With supply chains still recovering from pandemic whiplash, vertically integrated players like Piccadily are cleaning up—literally and financially.

The cynical take: Another 'recession-proof' industry proves that vice always wins. While tech startups crash and burn, the ancient business of getting people drunk keeps printing money. Maybe the real 'stablecoin' was whiskey all along.