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Liquor firm Radico Khaitan today posted 36.98% decline in net profit at Rs 9.9 crore for the fourth quarter ended March 31, 2014.
The company had posted a net profit of Rs 15.71 crore during the same period of the previous fiscal.
Net sales rose by 6.83% to Rs 342.66 crore from Rs 320.75 crore during the same period of the previous fiscal.
For the full financial year, net profit stood at Rs 71.25 crore, down from Rs 77.28 crore in the previous financial year.
Net sales in 2013-14 were at Rs 1,412.18 crore as compared with Rs 1,217.28 crore in the same period last year.
The company's product portfolio includes 8 PM Whisky, Magic Moments Vodka, Morpheus Brandy, Contessa Rum and Old Admiral Brandy.
Radico Khaitan shares today closed at Rs 103.90 apiece on the BSE, down 3.26% from previous close.
