Tilaknagar Industries' shares surged 14% to ₹355 after reporting record quarterly revenue of ₹406 crore, a 13.1% YoY increase. Profit rose 145.8% YoY to ₹77 crore, driven by strong volume growth in key states and expansion into luxury segments.
2 min read15 May 2025Younger Indians are beginning to drink differently. A small number of Gen Z consumers are exploring moderation—drinking less, and in some cases, choosing better-quality beverages over quantity.
5 min read13 May 2025Radico Khaitan's share price surged 4% after ICICI Securities initiated coverage with a 'buy' rating. The company expects operating margins to improve to 16.3% by FY27E, driven by premiumization and market share growth in white spirits, particularly vodka and luxury gin.
3 min read5 May 2025Liquor shops in the national capital of Delhi will remain closed for the occasion of Good Friday, on Friday, April 18, 2025. Check the list of the dry days in the upcoming month.
1 min read15 Apr 2025DeVANS, known for its Godfather beer, is set to enter the premium craft gin market as well as introduce new single malt variants.
4 min read1 Apr 2025Delhi government has announced the dry days for the first quarter of the financial year 2025-26, where the liquor stores will be closed due to religious festivals.
1 min read31 Mar 2025Amrut Distilleries anticipates ₹550 crore in revenue this year and plans to increase production capacity to accommodate rising demand for high-end spirits
3 min read26 Mar 2025The CAG report highlights alarming quality control failures in the AAP government's excise policy, revealing that many liquor test reports did not comply with the Bureau of Indian Standards (BIS). This raises serious concerns about public safety and the integrity of the liquor supply in Delhi.
3 min read26 Feb 2025The decision comes after a meeting chaired by the additional chief secretary of finance to review concerns raised by private distributors and liquor companies.
3 min read21 Jan 2025Kati Patang will scale up its beer business by incubating smaller brands and focusing on premium products. With new investments, the company aims to recover from past revenue losses.
5 min read1 Jan 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared