Bira Maker’s interest payouts delayed amid liquidity woes

B9 Beverages, the maker of Bira alcoholic beverages, has delayed interest payouts to some of its debt investors through fintech marketplace KredX, according to people aware of the matter. The New Delhi-based company’s 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…