Liquor firm Radico Khaitan today reported an 18.61 per cent increase in net profit to Rs 16.63 crore for the March quarter.
The company had reported a net profit of Rs 14.02 crore during the same period previous fiscal, Radico Khaitan said in a BSE filing.
Total income from operations during the quarter under review stood at Rs 1,209.83 crore, as against Rs 1,011.24 crore in the year-ago period.
Commenting on the results, Radico Khaitan Chairman and MD Lalit Khaitan said: "We believe that the long term industry dynamics remain intact and we have a strong platform to capitalise on the consumption growth in India".
For the entire fiscal, the company reported a net profit of Rs 80.61 crore compared to Rs 73.44 crore in the 2015-16 fiscal.
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