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LIQUOR CONSOLIDATION
Tilaknagar Industries open to another large deal after Imperial Blue buyout, chairman saysTilaknagar Industries is open to another large deal after its recent acquisition. Consolidation is gathering pace in India's dynamic liquor...
Premiumisation lifts liquor companies' June quarter topline amid cost headwindsPremiumisation is the key growth driver for India's alcoholic beverages industry. Major spirit makers expanded revenue and protected margin...
Radico Khaitan Q1 Results: Profit jumps 76% to Rs 229 crore, revenue up at Rs 5,867 croreRadico Khaitan recorded an impressive seventy-six percent uptick in net profit, reaching Rs 229.60 crore for the June quarter. The company'...
AlcoBev company ABDL targets mid-teen growth in FY27, aims to cross Rs 600 crore EBITDAAllied Blenders and Distillers expects mid-teen revenue and volume growth by FY27. The company is focusing on premiumisation and expanding ...
Stocks in news: HDFC Bank, Vedanta Power, YES Bank, Sun Pharma, Waaree EnergiesIndian markets surged for a third straight day, buoyed by global sentiment and strong performance from heavyweight stocks like HDFC Bank an...
BJP cracks down as AAP-era liquor show persistsDelhi's BJP government is tackling liquor cartels. Top-selling brands remain unchanged from the previous AAP regime. Officials found a cart...
UP liquor exports set to cross 1,000 million litres by 2026: Industry bodyUttar Pradesh is becoming a major player in the global liquor market. The state's liquor production capacity has significantly increased si...
Liquor manufacturer Jagatjit Industries to invest Rs 210 cr on setting up grain-based ethanol plant in Punjab"We are setting up a greenfield grain-based ethanol manufacturing facility at Hamira, Kapurthala district in Punjab with a capacity of 200 ...
Sins you can’t do without! One small, one midcap and two giant liquor stocks with “buy” recommendationsLiquor industry has one of the highest tax burdens. The industry has faced various headwinds at different points of time. However, after a ...
Radico Khaitan skids after Q3 profit falls 6% YoYThe company’s consolidated revenue from operations rose to Rs 3,306.67 crore during the quarter under review against Rs 3,037.90 crore in t...
Radico Khaitan Q2 results: Net profit dips 2.15% to Rs 73 croreRadico Khaitan's revenue from operations was up 11.77 per cent to Rs 3,077.18 crore during the quarter under review, as against Rs 2,752.98...
India Glycols bets on liquor, value-added chemicals as it weans of commoditised productsThe chemicals maker is betting big on its liquor and nutraceuticals businesses, as well as other value-added specialty chemicals.
Radico Khaitan posts two-fold jump in Q4 profit to Rs 74 crShares of Radio Khaitan Ltd ended at Rs 616.70 on BSE, up 0.99 per cent from the previous close.
Assam withdraws liquor sale order after Centre's guidelines on extended lockdownIn the consolidated guidelines issued by the Union Ministry of Home Affairs, no relaxation has been given to liquor manufacturing or retail...
US giant Sazerac buys strategic stake in India's John DistilleriesThis marks a rare M&A deal — the only transaction other than Diageo’s takeover of United Spirits in over a decade — in the heavily regulate...
Japan's Suntory, Tilaknagar in race to buy Imperial SpiritsPE fund Lighthouse puts company on the block; deal values Imperial Spirits at 600 crore.
Ponty Chadha killed: All about the liquor baronGurdeep Singh Chadha alias liquor baron Ponty Chadha used to sell snacks with his father in front of a country-made liquor shop.
- United Spirits stock plummets as Q3 net slides 66% to Rs 30 cr
United Spirits, the world’s third-largest liquor marketer, has reported a massive drop in the third-quarter net profit to Rs 30 crore, than...
- Liquor may get rid of CVD hangover from 1st
Come July 1 and your favourite foreign brand of whisky, wine or champagne will burn a smaller hole in your pocket.
- Cheers! Pay less for imported liquor
In a move to address high import duties on liquor in India, Centre & states have agreed to rejig duties.