Radico Khaitan Q3 Profit Up 23% to Rs 75.15 Crore
By Rediff Money Desk, NEWDELHI 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.
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.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- Vodafone Idea L
- 9.12 (+ 2.13)
- 64303795
- G G Engineering
- 1.51 ( -5.63)
- 28492226
- Guj. Toolroom Lt
- 15.37 (+ 4.99)
- 19678431
- Srestha Finvest
- 0.69 ( -1.43)
- 14826074
- AvanceTechnologies
- 0.80 ( -2.44)
- 14124154
MORE NEWS
Rs 1,800 Cr EV Park in Andhra Pradesh: People...
People Tech Enterprises to invest Rs 1,800 crore in a 1,200-acre EV park in Andhra...
India's Data Capacity to Quadruple by 2025: Trai
New undersea cables will boost India's data transmission capacity fourfold by 2025,...
Tech Mahindra Opens Manufacturing Experience...
Tech Mahindra launches a new Manufacturing Experience Centre in Chennai, offering...