Radico Khaitan Q3 net up 7 pc at Rs 22 cr
Radico Khaitan today reported 6.79 per cent increase in net profit at Rs 22 crore for the third quarter ended December 31, 2012.
By PTI |
NEW DELHI: Liquor firm Radico Khaitan today reported 6.79 per cent increase in net profit at Rs 22 crore for the third quarter ended December 31, 2012.
The company had posted a net profit of Rs 20.6 crore in the corresponding period of previous fiscal.
Net sales of the company, rose to Rs 317.58 crore for the third quarter, as compared to Rs 290.40 crore in the same period of 2011-12 fiscal, Radico Khaitan said in a statement.
"This growth has been primarily driven by a 19.9 per cent year on year growth in the premium brands," Radico Khaitan Managing Director Abhishek Khaitan said.
The company sells various liquor brands including 8 PM whisky, Magic Moments Vodka, Contessa Rum, and Old Admiral brandy.
Shares of Radico Khaitan today ended at Rs 145.55 on the BSE, up 0.55 per cent from their previous close.
The company had posted a net profit of Rs 20.6 crore in the corresponding period of previous fiscal.
Net sales of the company, rose to Rs 317.58 crore for the third quarter, as compared to Rs 290.40 crore in the same period of 2011-12 fiscal, Radico Khaitan said in a statement.
"This growth has been primarily driven by a 19.9 per cent year on year growth in the premium brands," Radico Khaitan Managing Director Abhishek Khaitan said.
The company sells various liquor brands including 8 PM whisky, Magic Moments Vodka, Contessa Rum, and Old Admiral brandy.
Shares of Radico Khaitan today ended at Rs 145.55 on the BSE, up 0.55 per cent from their previous close.
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