Radico Khaitan Ltd. Announces Unaudited Standalone Earnings Results for the Second Quarter and Six Months Ended September 30, 2016
November 04, 2016 at 12:22 pm
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Radico Khaitan Ltd. announced unaudited standalone earnings results for the second quarter and six months ended September 30, 2016. For the quarter, the company reported total income from operations of INR 12,113.515 million compared with INR 10,203.710 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 462.515 million compared with INR 382.205 million for the same period a year ago. Profit from ordinary activities before tax was INR 300.566 million compared with INR 255.052 million for the same period a year ago. Net profit was INR 222.642 million or INR 1.64 per basic and diluted share before and after extraordinary items compared with INR 175.320 million or INR 1.29 per basic and diluted share before and after extraordinary items for the same period a year ago. EBITDA was INR 568 million against INR 490 million a year ago.
For the six months, the company reported total income from operations of INR 24,243.654 million compared with INR 21,184.179 million for the same period a year ago. Profit from operation before other income, finance cost and exceptional items was INR 928.638 million compared with INR 743.745 million for the same period a year ago. Profit from ordinary activities before tax was INR 591.321 million compared with INR 501.674 million for the same period a year ago. Net profit was INR 442.816 million or INR 3.26 per basic and diluted share before and after extraordinary items compared with INR 351.476 million or INR 2.58 per basic and diluted share before and after extraordinary items for the same period a year ago. EBITDA was INR 1,139 million against INR 959 million a year ago.
Radico Khaitan Limited is an India-based manufacturer of alcohol and alcoholic products. The Company is engaged in the manufacturing and trading of alcoholic products, such as Indian-made foreign liquor (IMFL) and country liquor. The Company operates through manufacturing and trading in liquor and alcohol segment. It offers various brands, such as rampur indian single malt whisky, jaisalmer indian craft gin, royal ranthambore heritage collection royal crafted whisky, happiness in a bottle, magic moments dazzle vodka, magic moments verve, magic moments vodka, magic moments vodka cocktails, after dark premium whisky, morpheus blue xo brandy, morpheus xo brandy, 8pm premium black whisky, 8pm whisky, 1965 the spirit of victory premium xxx rum, whytehall premium brandy, old admiral brandy, and contessa rum. It has two distillery campuses located in India. The company has a total capacity of over 157 million liters and operates 28 bottling units, spread across the country.