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Tilaknagar Industries completes acquisition of Imperial Blue whisky business from Pernod Ricard India for ₹3,442 crore.

Tilaknagar Industries will acquire Imperial Blue from Pernod Ricard for Rs 4150 crore, raising Rs 6500 crore via equity/debt. This will make TIL a major player in the Indian whisky market.

Tilaknagar Industries reported a 57.2% jump in Q2 net profit to Rs 58.23 crore, driven by cost optimization and marketing strategies. Revenue grew 9.7% to Rs 823.32 crore.

Tilaknagar Industries Ltd reported a 55.71% increase in its consolidated net profit to Rs 40.08 crore in Q1 FY24, driven by strong revenue growth. Read more.

Tilaknagar Industries Q3 profit fell 42.32% to Rs 43.76 crore due to exceptional items in the previous quarter. Revenue from operations rose 18% to Rs 797.54 crore.

Tilaknagar Industries' net profit fell by 42.32% in Q3 FY24, but revenue surged 18% to Rs 797.54 crore. The company's sales volumes also increased.

Tilaknagar Industries Ltd reported a 100% increase in net profit to Rs 37.04 crore for Q2 FY24, driven by strong revenue growth. Learn more about the company's performance.