Radico Khaitan` Q3 net profit up 40%
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Spirit maker Radico Khaitan on Thursday reported 40 per cent rise in its consolidated net profit at Rs 84.08 crore during the quarter-ended December.
During the same period last year, the company had reported a net profit of Rs 59.74 crore.
The company reported operational revenue of Rs 2,971.15 crore during the period under review, up 17.67 per cent on a year-on-year (YoY) basis.
Chairman & Managing Director Lalit Khaitan said: "Radico Khaitan delivered yet another quarter with IMFL volume growth despite a volatile industry performance. While most of our top markets have returned to growth in Q3 FY2021, industry performance is dispersed with a few large states still under pressure."
"We have seen month-on-month improvement in the industry performance during the last quarter and reported our highest ever monthly volumes during December 2020," he said.
