Radico Khaitan Q3 FY2018-19: Strong Numbers
Radico Khaitan, one of India’s oldest and largest liquor manufacturers, has disclosed its Q3 FY 2018-19 numbers today just after market hours.
The Company’s revenues from operations stood at INR 2058.39 Cr for the period ended 31 December 2018 which was INR 1741.78 CR for the same period last year, showing 18.18% growth YoY. Revenues for the quarter ended 30 September 2018 stood at INR 1906.09 Cr, showing 8% growth QoQ.
The Company’s PAT for October ’18 to December ’18 quarter stood at INR 52.09 Cr versus INR 35.01 Cr, showing 48.78% jump YoY. The same was increased by 5.15% QoQ basis (INR 49.54 Cr)
During the quarter, the board of the Company has approved the appointment of Ms. Sushmita Singha, as an Independent Women Director with effect on April 1, 2019. She is also on Board of various reputed organisations like Kajaria Ceramics Ltd, Ginni International Ltd etc…
About Radico Khaitan –
Think of liquor in India and one name that will definitely come to your mind is Radico Khaitan Limited, which today stands tall amongst the key players.
History: One of the largest players in the Indian Spirits industry, Radico Khaitan was formerly known as Rampur Distillery which was established in 1943.
Business: With an innovative brand portfolio of international repute, Radico Khaitan has been a pioneer in setting industry trends. The Company has four millionaire brands 8 PM Whisky, Magic Moments Vodka, Contessa Rum and Old Admiral Brandy in its portfolio.
Achievement: With 8PM, not only Radico Khaitan successfully entered the branded liquor sector but the brand managed to achieve a million cases in sales within a year of its launch. It also became first brand in the liquor industry to make it to Limca Book of Records.
Distilleries: Radico Khaitan operates three distilleries and one JV with total capacity of 150 million litres. It also has 33 bottling units spread across the country.
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