Radico Khaitan Q3 Profit Up 23% to Rs 75.15 Crore
Feb 06, 2024 21:38
Radico Khaitan's net profit surged 23% to Rs 75.15 crore in Q3 FY24, driven by a 34% rise in revenue. Learn more about the company's financial performance.
New Delhi, Feb 6 (PTI) Liquor maker Radico Khaitan Ltd on Tuesday reported a 22.75 per cent increase in consolidated net profit at Rs 75.15 crore for the third quarter ended December 2023.
The company had posted a consolidated net profit of Rs 61.22 crore in the October-December quarter a year ago, Radico Khaitan said in a BSE filing.
Its revenue from operations rose 34.1 per cent to Rs 4,245.95 crore in the third quarter of the current financial year. It stood at Rs 3,166.19 crore in the year-ago period.
Radico Khaitan's total expenses were up 34.28 per cent to Rs 4,152.65 crore in the latest December quarter.
Shares of Radico Khaitan Ltd on Tuesday settled at Rs 1,720.95 on BSE, down 0.96 per cent from the previous close.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.