Radico Khaitan Ltd, a liquor manufacturer, reported a consolidated net profit of INR 75.15 crore for the third quarter ending December 2023, marking a 22.75% rise. This contrasts with the INR 61.22 crore consolidated net profit reported in the corresponding period last year, as stated by Radico Khaitan in a filing with the Bombay Stock Exchange (BSE).
The company’s revenue from operations surged by 34.1%, reaching INR 4,245.95 crore in the third quarter of the current financial year, compared to INR 3,166.19 crore in the same period last year.
Continue Exploring: Radico Khaitan’s Rampur Asava honored as Best World Whisky in the 2023 John Barleycorn Awards
In the latest December quarter, the company’s total expenses surged by 34.28 percent to INR 4,152.65 crore.
Meanwhile, on Tuesday, shares of Radico Khaitan Ltd settled at INR 1,720.95 on BSE, experiencing a decline of 0.96 percent from the previous close.
Continue Exploring: Indigenous spirits shine: India’s liquor exports soar, set to break $1 Billion barrier
