ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/b9-beverages” target=”_blank”>B9 Beverages, the maker of ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/bira” target=”_blank”>Bira alcoholic beverages, has delayed ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/interest-payouts” target=”_blank”>interest payouts to some of its debt investors through fintech marketplace ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/kredx” target=”_blank”>KredX, according to people aware of the matter. The New Delhi-based company’s data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://m.economictimes.com/industry/cons-products/liquor/a-name-change-takes-the-fizz-out-of-biras-earnings/articleshow/118308497.cms” data-type=”tilCustomLink” target=”_blank”>revenue slumped and losses shot up in FY24, the last year for which financial details are available.According to regulatory filings, revenue fell 22% to Rs 638 crore from Rs 824 crore a year before. Its net loss widened to Rs 749 crore from Rs 445 crore.
A retail investor who has debt exposure to Bira told ET that he’s not received…
