At 12:26 PM, the BSE Sensex was up 0.21 per cent as compared to 0.22 per cent decline in the BSE Midcap index and 0.29 per cent fall in the BSE Smallcap index.
Raw material costs will remain supportive for spirits players, with prices of ENA (extra neutral alcohol) and glass expected to stay benign
Looking ahead, Radico's management remains confident of delivering strong double-digit growth in the Prestige & Above category, enhanced profitability and a continuous focus on cash flow generation.
Radico Khaitan's net profit jumps 73% to Rs 139.5 crore in Q3FY26 as white spirits like vodka and gin outpace brown spirits in driving premiumisation
Liquor maker Radico Khaitan Ltd on Wednesday reported a 73 per cent jump in consolidated net profit to Rs 139.56 crore in the September quarter, on the back of robust volume growth. The company had posted a consolidated net profit of Rs 80.66 crore in the same quarter last fiscal, Radico Khaitan said in a regulatory filing. Consolidated revenue from operations in the second quarter stood at Rs 5,056.72 crore as against Rs 3,906.59 crore in the corresponding period a year ago, it added. Total expenses in the quarter under review were higher at Rs 4,872.75 crore as compared to Rs 3,795.84 crore in the year-ago period, the company said. In the second quarter, total IMFL volume grew by 37.8 per cent to 9.34 million cases; 'prestige & above' segment by 21.7 per cent to 3.89 million cases; and 'regular & others' category by 79.6 per cent to 5.04 million cases, Radico Khaitan said in an investor presentation. Radico Khaitan Chairman & Managing Director Lalit Khaitan said, ...
Liquor stocks in focus: Radico Khaitan sees substantial long-term opportunity in premium and luxury brands owing to rising affluence, evolving preference, and rising demand for elevated experiences.
Stocks to buy today: Rajesh Bhosale, equity technical analyst at Angel One has recommended buying the shares of Adani Ports, Radico Khaitan, and Tata Consumer Products today. Check key reasons here
The Chandigarh HC stayed an injunction order against Radico Khaitan in the 'Kashmyr' trademark dispute filed by Piccadilly, allowing the company to continue business operations till the next hearing
Radico Khaitan is entering a phase of strong operating leverage, with margin expansion, healthy cash flows, and a visible path to debt reduction by FY27
JM Financial Institutional Securities initiated coverage on Radico Khaitan with a 'Buy' rating and a target price of ₹3,515.
Jefferies has a target price of ₹2,800 per share for Radico Khaitan, ₹1,315 for United Spirits, and ₹620 for Allied Blenders
At 02:30 PM, the BSE Smallcap index, the top gainer among broader indices, was up 0.66 per cent, as compared to a 0.11 per cent decline in the BSE Sensex
Stocks to buy, September 2025: HDFC Bank, UltraTech Cement are among 10 picks by Motilal Oswal Wealth Management, which can provide up to 24 per cent upside
Technical charts show that alcohol and tobacco-related stocks such as ITC, VST Industries and United Spirits seem to be unfavourably placed, and could fall up to 18 per cent from here.
Radico Khaitan shares hit a new high, as they rallied 6% after the company reported strong earnings for the June quarter
Liquor maker Radico Khaitan Ltd on Thursday reported a 73.14 per cent surge in its consolidated net profit to Rs 130.52 crore for the June quarter of FY26, helped by volume growth. The company had posted a consolidated net profit of Rs 75.38 crore a year ago, according to a BSE filing by Radico Khaitan, which owns brands like Rampur Indian Single Malt Whisky, Jaisalmer Indian Craft Gin, Magic Moments Vodka, and the 8 PM series. Its revenue from operations increased 24.56 per cent to Rs 5,313.51 crore in the June quarter. It was Rs 4,265.62 crore in the corresponding quarter of the previous fiscal. Radico Khaitan's total expenses climbed 23.18 per cent to Rs 5,133.54 crore in the June quarter. The total income of Radico Khaitan, which includes other income, in the June quarter, was Rs 531,457 crore, up 24.55 per cent. In the June quarter, Radico Khaitan's total IMFL volume rose 37.5 per cent to 9.72 million cases. Prestige & Above brand volume rose 16.8 per cent to 3.84 million ..
India's rice stocks in government warehouses rose 18 per cent from a year ago to a record high for the start of June, while wheat stocks have hit their highest level in four years
United Spirits and Allied Blenders led a selloff in alcohol beverage makers on reports that the Maharashtra government approved a hike in excise duty
Motilal Oswal reserach desk have suggested buying M&M, Bharti Airtel, PNB and others today; here's why
Radico Khaitan management believes the company is poised for a strong double-digit growth in the Prestige & Above category, enhanced profitability and a persistent focus on cash flow generation.