InvestorQ : How were the results of Radico Khaitan for the Jun-20 quarter?
Katherine Gonsalves made post

How were the results of Radico Khaitan for the Jun-20 quarter?

Answer
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Rutuja Nigam answered.
3 months ago


Radico Khaitan, one of India’s top liquor companies, reported 19.52% fall in standalone net profit at Rs.44.07 crore for the Jun-20 quarter. This fall in profits was due to disruptions caused by COVID-19. For the Jun-20 quarter, Radico reported 33.70% fall in total revenues to Rs.1775 crore. The fall in top line and bottom line was largely due to COVID-19.

Radico’s profitability improved due to a better product mix and a higher share of exports business. Radico had also effected a price increase which had a positive impact on profitability. Radico Khaitan's brand portfolio includes After Dark Whisky, Contessa Rum, Magic Moments Vodka, Morpheus Brandy, Old Admiral Brandy and 8PM Whisky.