Sunday, December 22, 2024

Liquor

Liquor industry hit by unexpected setback: Pre-festive demand below projections

United Spirits, the largest liquor company in India, has reported lower-than-expected demand momentum in the current quarter. However, the company anticipates a recovery driven...

United Spirits profits soar by 14.2% in Q2 boosted by high-end alcohol demand

On Wednesday, United Spirits, the producer of Smirnoff vodka, announced a 14.2% increase in second-quarter profits. This surge was driven by robust demand for...

Jagatjit Industries expands premium portfolio with launch of Royal Pride Whisky

Jagatjit Industries Limited (JIL) has broadened its product range by introducing Royal Pride whisky in the high-end market segment, as announced in a press...

Radico Khaitan reports 19.4% surge in Q2 profit driven by high-end brands demand

Radico Khaitan, an Indian liquor manufacturer, announced a 19.4% increase in its second-quarter profit on Monday, attributed to robust demand for its high-end brands.The...

Uttar Pradesh Liquor Market Surges Amid Policy Revamp and Entrepreneurship!

At 42 years old, Kalpana Aggarwal has earned herself a new title: she's now known as the "Liquor Queen" in Indirapuram, Ghaziabad. Within the...

Maharashtra Govt forms committee to explore tax reduction on beer to boost sales and revenue

With the goal of encouraging the consumption of healthier beverages, the Maharashtra government has established a committee to evaluate the feasibility of reducing taxes...

Delhi govt extends existing excise regime for six more months amidst ongoing investigations

The Delhi government has opted to extend the existing excise regime for an additional six months, citing concerns about introducing a new policy while...

Liquor revenue surges despite efforts to reduce consumption in Andhra Pradesh

On Tuesday, the state government conveyed to the assembly that the revenue generated from liquor sales in Andhra Pradesh has consistently increased over the...

G20 Summit spurs liquor companies to rely on in-home stocking as Delhi prepares for weekend shutdown

Liquor companies are optimistic that residents of Delhi will choose to enjoy their beverages at home as the city prepares to close markets and...

Delhi’s new excise policy rakes in over INR 7,285 Crore revenue, outperforming previous year

According to officials, the Delhi government's recent excise policy generated revenue exceeding INR 7,285 crore in the past year through the sale of more...

Kerala’s liquor sales skyrocket during Onam, hitting INR 759 Crore record

The Kerala State Beverages Corporation (KSBC) this year registered a record liquor sale of around INR 759 crore between August 21-30 amidst the Onam...

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