 "Radico Khaitan Q4 profit up 50% to Rs 14.90 cr")
The company had posted a profit of Rs 9.90 crore in the year-ago period, Radico Khaitan said in a filing to the BSE.
However, net sales declined 2.96 per cent to Rs 332.50 crore during the quarter, as against Rs 342.66 crore in the corresponding period of previous fiscal.
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During 2014-15 fiscal, the company's net profit was down 5.08 per cent to Rs 67.63 crore as against Rs 71.25 crore in the year-ago period.
Its net sales during 2014-15 was up 2.28 per cent to Rs 1,444.50 crore as against Rs 1,412.18 crore a year ago.
Meanwhile, in a separate filing Radico Khaitan said that its board today recommended a dividend of Rs 0.80 on fully paid up equity share of Rs 2 each for 2014-15 fiscal.
The company's premium product portfolio includes Magic Moments Vodka, Morpheus Brandy, After Dark Whiskey, among others
Shares of Radico Khaitan today closed at Rs 91.05 a piece on BSE, up 0.77 per cent from their previous close.
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