Radico Khaitan Q3 Net down 1.16pc at Rs 21.27 crore

Liquor firm Radico Khaitan today posted 1.16 per cent decline in net profit at Rs 21.27 crore for the third quarter ended December 31, 2014.
The company had posted a net profit of Rs 21.52 crore during the same period of previous fiscal.
Net sales of the company grew by 5.30 per cent to Rs 399.55 crore, as compared to Rs 379.43 crore during the same period of previous fiscal.
Overall expenses during the quarter under review stood at Rs 375.52 crore, up 8.29 per cent compared with Rs 346.76 crore in the corresponding quarter a year ago.
The company's product portfolio includes 8 PM Whisky, Magic Moments Vodka, Morpheus Brandy, Contessa Rum and Old Admiral Brandy.

Shares of Radico Khaitan today closed at Rs 85.90 apiece on the BSE, down 1.77 per cent from previous close.