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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…
