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LIQUOR SALES DECLINE
Long- or medium-term: Invest in ability and balance sheet; 5 large-caps from different sectors with upside potential of up to 23%At this juncture, what an investor in the market needs is some hard work and the ability to be contrarian. In picking companies, focus on t...
Foreign whisky sales slow for second straight year as post-pandemic boom fadesGrowth in imported whisky sales slowed for a second consecutive year in 2025 across Scotch, Irish, Japanese and American categories, reflec...
SC issues notice to Centre on plea seeking ban on alcohol sales in tetra packs, sachetsThe Supreme Court of India on Wednesday sought responses from the Centre and other authorities on a plea seeking an immediate ban on the sa...
India meets FY26 with cheers & beers: High-end spirits popular; ale beats rainy daysIndia's liquor sales saw a rebound in the year ended March, with spirits volume growing 4% and beer volumes also rising 4%. This recovery w...
Liquor maker Radico Khaitan resumes Gulf shipments as tensions easeRadico Khaitan's exports to the Gulf are resuming after a halt due to regional conflict. Shipments stalled in March and April but are now g...
Piccadily Agro Q4 Results: Profit rises 14% to Rs 45 cr; FY26 revenue crosses Rs 1,110 cr markets stocks earningsPiccadily Agro Industries Ltd, maker of single malt whisky Indri and Camikara Rum, has reported a 13.6 per cent increase in its net profit ...
These large-, mid- and small-cap stocks can give more than 22% return in 1 year, according to analystsWhen a market is in a secular correction due to fears that the economy might take a hit for some reason, the fall is generally across the b...
India's premium liquor boom defies global slowdownIndia's demand for premium liquor is surging. This trend defies global patterns where consumers are buying less expensive options. Despite ...
Even liquor fails to get a high in the Sept quarterDemand for spirits dropped by 1% in the September quarter, marking the first decline since the pandemic. Factors like flooding, increased t...
Tax revenues up as liquor, beer sales surge in KarnatakaPeople have been picking up their favourite alcoholic beverages, probably cheering stable excise duties.
CIABC: Liquor sales decline 29% in the first half of the current fiscalAccording to the data compiled by the national body that represents leading liquor firms, the drop in sales was much higher in states that ...
Liquor sales decline up to 60% in May-June in states with high Corona cess: ReportAfter the retail sales of liquor were resumed after six weeks of closure in May, several state governments facing shortage of financial res...
Liquor body CIABC urges West Bengal government to reduce high sales tax to sustain the industryIn a letter to the WB government, CIABC has stated that increase of tax on liquor by 30% on April 9 has led to drastic fall in liquor sale ...
Corona tax hangover: Liquor sales in low spiritsThe biggest drop was in Andhra Pradesh, where sales plunged 90% last month. While sales declined 70% in West Bengal and 65% in Delhi, they ...
Indians to be thrifty with liquor, cigarettes this year: ResearchA Nielsen survey found over 42% of consumers in India will cut their spending on alcohol and tobacco products to reduce discretionary spend...
Demonetisation hits liquor sale across OdishaThe business of the Corporation has been considerably less during November in several districts as compared to earlier months, the official...
Indian-made foreign liquor sales volume drops for first time in 10 yearsAlcohol companies say the situation is a far cry from most of the past decade when India was one of the fastest-growing markets in the worl...
Delhi Medium Liquor fails to pick up due to lack of publicityA liquor brand launched by the former Sheila Dikshit government to help curb the sale of spurious alcohol has been a non-starter literally,...
Liquor sales growth declines 2%, no slump for premium segmentsAs consumers upgrade from country liquor to IMFL and from regular to pricier alcohol, premiumisation strategy adopted by almost all key pla...
- Tipplers take hotels on a New-Year high
Liquor sales at hotels and restaurants reversed out a decline by 12-15% as consumer sentiment improved over last year, which faced the twin...