Radico Khaitan's Q1 net profit dips 26% to Rs 16 crore

Liquor firm Radico Khaitan today reported 26.47 per cent decline in net profit at Rs 16.55 crore for the first quarter ended June.

Radico Khaitan's Q1 net profit dips 26% to Rs 16 crore
NEW DELHI: Liquor firm Radico Khaitan today reported 26.47 per cent decline in net profit at Rs 16.55 crore for the first quarter ended June 30, 2014-15.

The company had posted net profit of Rs 22.51 crore during the same period of the previous fiscal.

Net sales of the company in Q1, 2014-15 rose to Rs 360.83 crore, as against Rs 348.44 crore during the same period of previous fiscal, Radico Khaitan said in a filing to the BSE.

The company's product portfolio includes 8 PM Whisky, Magic Moments Vodka, Morpheus Brandy, Contessa Rum and Old Admiral Brandy.

The Radico Khaitan scrip closed at Rs 97.15, up 0.83 per cent, on the BSE.
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