Radico Khaitan

Radico Khaitan up 10%, hits new high on strong Q2 operational performance

The liquor maker's gross margin improved 258 bps on Q-o-Q basis due to the ongoing premiumisation trend, and a stable raw material and packaging material scenario

Radico Khaitan Q2FY25 results: Net profit rises 24.4% to Rs 80 cr

Liquor maker Radico Khaitan on Thursday reported a 24.41 per cent rise in its consolidated net profit to Rs 80.66 crore for the second quarter ended September 2024, led by growth from its premium segment. The company had posted a consolidated net profit of Rs 64.83 crore a year ago, according to a BSE filing from Radico Khaitan. Its revenue from operations rose 9.45 per cent to Rs 3,906.58 crore during the quarter under review. It was Rs 3,569.06 crore in the corresponding quarter of the previous fiscal. Radico Khaitan's total expenses increased 8.93 per cent to Rs 3,797.92 crore in the September quarter. "Gross Margin was impacted y-o-y basis due to significant foodgrain inflation offset by premiumisation in the IMFL business. Gross margin improved 258 bps on q-o-q basis due to the ongoing premiumisation, and a stable raw material and packaging material scenario," said Radico Khaitan in its earning statement. The total income, which includes other income in the September quarter

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Radico Khaitan expects 20% growth as Indians splurge on expensive liquor

Radico Khaitan reported 14.3 per cent sales volume growth for the June quarter on Wednesday in its high-end category, which makes up roughly half its revenue

Radico Khaitan Q1FY25 results: Net profit up 13.4% to Rs 77.38 cr

Liquor maker Radico Khaitan Ltd on Wednesday reported a 13.36 per cent increase in its consolidated net profit to Rs 77.38 crore for the first quarter ended June 2024. The company had posted a consolidated net profit of Rs 68.26 crore in the April-June quarter a year ago, according to a BSE filing from Radico Khaitan. Its revenue from operations was up 9.12 per cent to Rs 4,265.62 crore during the quarter under review. It was Rs 3,908.94 crore in the corresponding quarter of the previous fiscal. Radico Khaitan's total expenses increased 8.93 per cent to Rs 4,167.92 crore in the June quarter. The total income of Radico Khaitan in the June quarter was at Rs 4,269.30 crore, up 9.18 per cent. In the June quarter, its total IMFL volume (Indian-made foreign liquor) decreased by 4 per cent whereas the Prestige & Above category volume grew14.3 per cent," said an earning presentation by makers of Rampur single malt, Magic Moments Vodka and Jaisalmer Indian Craft Gin. While Prestige & ..

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After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement

Alcoholic beverages shares in demand; Tilaknagar up 14%; USL hits new high

Globally, India is set to become the fifth-largest contributor to the AlcoBev market's revenues in the near to medium term.

We expect premium brands to grow 14-15 % in FY25: Radico Khaitan MD

Khaitan talks about the company's strategic plans, diversification strategy, and growth trajectory for FY25

Radico Khaitan stock surges 4% on strong Q4 performance

The company's consolidated revenue from operations stood at Rs 3,894.6 crore in Q4FY24, as opposed Rs 3,375.4 crore in Q4FY23

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Across Asia, market sentiment is predominantly positive, tracking Wall Street gains. At 7:26 AM, Japan's Nikkei rose 0.47 per cent, while Korea's Kospi soared 0.11 per cent

Radico Khaitan Q4 results: Net profit rises 26% to Rs 53.91 crore

Liquor maker Radico Khaitan Ltd on Tuesday reported a 26.43 per cent increase in consolidated net profit to Rs 53.91 crore in the fourth quarter ended March 2024. The company had posted a consolidated net profit of Rs 42.64 crore in the same quarter a year ago, Radico Khaitan Ltd said in a regulatory filing. Consolidated revenue from operations during the quarter under review stood at Rs 3,894.64 crore as against Rs 3,375.36 crore in the year-ago period. In the fourth quarter, total IMFL (Indian-made foreign liquor) volume was at 7.16 million cases, down 1.2 per cent but prestige and above brands volume was at 2.92 million cases, up 14.2 per cent, the company said. Total expenses were higher at Rs 3,820.3 crore compared to Rs 3,325.37 crore in the corresponding period of the previous fiscal. For the fiscal ended on March 31, 2024, consolidated net profit was Rs 262.17 crore, up from Rs 220.35 crore in the previous fiscal, the filing said. In FY24, consolidated revenue from operat

Radico Khaitan Q3 results: Net profit up 23% to Rs 75 cr, revenue up 34%

Liquor maker Radico Khaitan Ltd on Tuesday reported a 22.75 per cent increase in consolidated net profit at Rs 75.15 crore for the third quarter ended December 2023. The company had posted a consolidated net profit of Rs 61.22 crore in the October-December quarter a year ago, Radico Khaitan said in a BSE filing. Its revenue from operations rose 34.1 per cent to Rs 4,245.95 crore in the third quarter of the current financial year. It stood at Rs 3,166.19 crore in the year-ago period. Radico Khaitan's total expenses were up 34.28 per cent to Rs 4,152.65 crore in the latest December quarter. Shares of Radico Khaitan Ltd on Tuesday settled at Rs 1,720.95 on BSE, down 0.96 per cent from the previous close.

Alcoholic beverages exports to cross $1 bn in next few years: Report

The country's alcoholic beverages exports are expected to cross USD 1 billion in the next few years on account of increasing demand for spirits in global markets, a senior government official said on Thursday. As against the exports of USD 325 million in 2022-23, the outbound shipments from the sector touched USD 230 million during April-October this fiscal, Additional Secretary in the commerce ministry Rajesh Agrawal told reporters here. The global trade of these products is about USD 130 billion. "The demand for Indian spirits is increasing...It is expected to go beyond USD 1 billion in the next few years. Indian beverages market is growing very fast and slowly demand for these brands across the world is also picking up," Agrawal said, adding that in the forthcoming three-day Indus Food show in Greater Noida (Uttar Pradesh), there will be a wine and spirits section. Over 2,500 global buyers, 5,000 domestic buyers and 86 retail chains would be participating in the show apart from

Indian alcohol cos seek elimination of 'non-tariff barriers' in EU markets

For a beverage to be considered "whisky" in the EU, it has to be at least three years or more old. For "brandy", this time is one year

Alcohol maker Radico Khaitan's Q2 profit rises on robust premium demand

Sales in the premium segment, which includes Magic Moments vodka and Jaisalmer gin, rose nearly 22% to 2.8 million cases in the July to September period

Radico Khaitan underpaid Rs 1,075 crore excise duty to UP govt: CAG

Interest is computed at the rate of 18 per cent per annum for delay in payment

Radico Khaitan's profit rises by 10% to Rs 68 crore in Apr-June quarter

Liquor maker Radico Khaitan on Thursday reported a 10.11 per cent increase in its consolidated net profit to Rs 68.26 crore for the June quarter, aided by premiumisation and easing raw material prices. The company had posted a consolidated net profit of Rs 61.99 crore in the April-June period a year ago, Radico Khaitan said in a BSE filing. Its revenue from operations rose 26.36 per cent to Rs 4,023.31 crore in the first quarter of the current fiscal as against Rs 3,183.80 crore in the year-ago period. During the quarter, "total IMFL (Indian-made foreign liquor) volume was 7.36 million cases, up 7.9 per cent", said an earning statement from Radico Khaitan. Radico Khaitan's total expenses were up 26.66 per cent to Rs 3,940.41 crore during the quarter. The total revenue of Radico Khaitan, which owns brands like Jaisalmer, Magic Moments, Morpheus Brandy and Rampur Indian Single Malt, was at Rs 4,024.43 crore, up 26.23 per cent versus a year ago. Radico Khaitan Managing Director Abhi

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Shares of IDFC, MGL, Radico Khaitan, KEI Industries and Carborundum Universal may rise up to 26 per cent, indicate technical charts

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