Radico Khaitan reported its results for the quarter ended June 30, 2017 today.

DSIJ Intelligence / 26 Jul 2017

Radico Khaitan reported its results for the quarter ended June 30, 2017 today.

The company's total sales for Q1FY18 came in at Rs 1375.45 crore, which represents a 13.69 per cent sequential increase and 13.58 per cent YoY increase.

The company's total sales for Q1FY18 came in at Rs 1375.45 crore, which represents a 13.69 per cent sequential increase and 13.58 per cent YoY increase.

Its operating profit (EBIT) for the quarter amounted to Rs 51.82 crore and its EBIT margin stood at 3.77 per cent.

The company reported PAT of Rs 25.68 crore, which represents a sequential QoQ increase of 54.42 per cent and a YoY increase of 16.67 per cent.

The company's stock opened at Rs 130 on the BSE and recorded intra-day high and low of Rs 133.55 and Rs 127.85, respectively.

Radico Khaitan manufactures and sells alcohol and alcoholic products in India. It offers whisky under the 8PM, 8PM Royale, vodka under the Magic Moments and Magic Moments Remix brand; and gin under the Magic Moments brand. The company also exports its products to around 50 countries.