With February month's decline, thus far in the calendar year 2025, the BSE Smallcap index has plunged 22 per cent. A total of 27 smallcaps hit new all-time lows.
The Bombay High Court has dismissed the company's plea in a trademark dispute over the use of the Mansion House brand
Indian-Made Foreign Liquor (IMFL) manufacturer Tilaknagar Industries Ltd has reported a 57.2 per cent rise in its consolidated net profit to Rs 58.23 crore for the second quarter ended September 2024, supported by cost-optimisation initiatives and marketing strategy. The company had reported a net profit of Rs 37.04 crore a year ago, according to a regulatory filing from Tilaknagar Industries Ltd (TIL). Its revenue from operations rose 9.74 per cent to Rs 823.32 crore in the September quarter. It was Rs 750.18 crore in the year-ago period. "The growth in profitability to superior brand-mix as well as effective cost-optimisation initiatives. With the worst of the inflationary cycle over, the company anticipates further growth in profitability in the upcoming quarters," said TIL in its earnings statement. TIL, which owns brands such as Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky and Blue Lagoon Gin, recorded a 7 per cent rise in its total expenses for th
Tilaknagar Industries share price: Average trading volume on the counter more-than-doubled with a combined nearly 5 million shares changing hands on the NSE and BSE in less than 30 minutes of trading
Indian-Made Foreign Liquor (IMFL) manufacturer Tilaknagar Industries Ltd has reported an increase of 55.71 per cent in its consolidated net profit to Rs 40.08 crore for the April-June quarter of 2024. The company had reported a net profit of Rs 25.74 crore in the April-June period a year ago, Tilaknagar Industries Ltd (TIL) said in a regulatory filing. Its revenue from operations was up 3.88 per cent to Rs 664.86 crore in the June quarter. It was at Rs 639.97 crore in the year-ago period. Tilaknagar Industries' total expenses increased 1.8 per cent in the June quarter to Rs 626.51 crore. The total income of the company which owns brands such as Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky and Blue Lagoon Gin, was at Rs 666.60 crore in the June quarter. In the April-June period, Tilaknagar Industries' sales volumes marginally increased to 25.4 lakh cases. "Owing to the industry-wide disruption caused by the elections, the volume growth remained somewha
Globally, India is set to become the fifth-largest contributor to the AlcoBev market's revenues in the near to medium term.
European markets closed on a negative note, with Germany's DAX falling 0.22 per cent and the UK's FTSE dropping 0.09 per cent
Indian-Made Foreign Liquor (IMFL) manufacturer Tilaknagar Industries Ltd has reported a decline of 42.32 per cent in its consolidated net profit to Rs 43.76 crore for the third quarter ended December 2023. The company had reported a net profit of Rs 75.88 crore in the October-December period a year ago, according to a regulatory filing. However, its revenue from operations surged 18 per cent to Rs 797.54 crore during the period under review. It was Rs 675.46 crore in the year-ago period. The total expenses in the December quarter rose 16.9 per cent to Rs 762.20 crore. Its total income grew 19.11 per cent to Rs 805.97 crore in the December quarter of FY24. In the quarter ended December 2023, Tilaknagar Industries' sales volumes increased to 29.5 lakh cases against 26 lakh cases in the same period last year. The company owns brands like Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky and Blue Lagoon Gin. "In Q3 FY24, our company has achieved a year-on-yea
Tilaknagar Industries registered a 24 per cent rise in net revenue at Rs 377 crore in the quarter ended December 2023 as against Rs 303 crore in the corresponding quarter a year ago
The management said the company's focus over the coming 6-8 quarters will be to increase market share in existing and new regions through robust growth in its brandy portfolio.
Despite a reduction in gross margins, the company was able to maintain its EBITDA margin through multiple cost optimization efforts and improved productivity
Leading Indian-Made Foreign Liquor (IMFL) manufacturer Tilaknagar Industries Ltd has reported an over two-fold increase in its consolidated net profit to Rs 59.09 crore for the March quarter, led by higher volumes. The company had reported a net profit of Rs 23.24 crore in the January-March period a year ago, Tilaknagar Industries Ltd said in a BSE filing on Tuesday. Its revenue from operations was at Rs 717.24 crore, up 37.69 per cent, during the period under review against Rs 520.90 crore in the year-ago period. The company said its volumes were significantly at higher levels compared to pre-Covid times. It had "46 per cent volume growth in Q4 on YoY basis," according to the company's earnings presentation. Tilaknagar Industries' total expenses in the fourth quarter of FY23 were at Rs 689.64 crore. The total income of the company, which owns brands such as Mansion House Brandy, Courrier Napoleon Brandy, Mansion House Gold Whisky and Blue Lagoon Gin, was 36.61 per cent higher a
Pioneer Distilleries, Tilaknagar Industries, IFB Agro Industries, Khoday India, GM Breweries, Som Distilleries and United Breweries were rallied by upto 10% on the BSE in intra-day today.
Stay on capacity expansion plans in the state vacated, paving way for the company to meet demand in a key state