Radico Khaitan Q1 profit down 26% at Rs16 crore
Net sales in the June quarter rose to Rs360.83 crore, as against Rs348.44 crore a year ago
New Delhi: Liquor firm Radico Khaitan Ltd on Tuesday reported a 26.47% decline in net profit at ₹ 16.55 crore for the quarter ended 30 June.
The company had posted a net profit ₹ Rs 22.51 crore during the same period of the previous fiscal.
Net sales in the June quarter rose to ₹ 360.83 crore, as against ₹ 348.44 crore during the same period of the previous fiscal, Radico Khaitan said in a filing to the BSE.
The company’s product portfolio includes 8 PM Whisky, Magic Moments Vodka, Morpheus Brandy, Contessa Rum and Old Admiral Brandy.
The Radico Khaitan scrip closed at ₹ 97.15, up 0.83% on the BSE.
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