Home / Companies / Results / Covid-19 impact: Radico Khaitan Q1 profit falls 19.52% to Rs 44.07 crore

Covid-19 impact: Radico Khaitan Q1 profit falls 19.52% to Rs 44.07 crore

Its total revenue from operations declined 33.70% to Rs 1,774.65 crore during the quarter under review as against Rs 2,677.07 crore in the corresponding quarter last year

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Liquor, wine, Alcohol, Illustration: Ajay Mohanty

2 min read Last Updated : Jul 23 2020 | 5:25 PM IST

Liquor firm Radico Khaitan Ltd on Thursday reported a 19.52 per cent decrease in standalone net profit at Rs 44.07 crore for the first quarter ended June 30, 2020, due to disruptions caused by Covid-19.

The company had posted a net profit of Rs 54.76 crore in the April-June quarter a year ago.

Its total revenue from operations declined 33.70 per cent to Rs 1,774.65 crore during the quarter under review as against Rs 2,677.07 crore in the corresponding quarter last year, Radico Khaitan said in a BSE filing.

The company said "because of lockdown, the volume for the quarter ended June 30,

Topics : Coronavirus Radico Khaitan Liquor firms COVID-19

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