spot_imgspot_imgspot_img
32 C
Lucknow
Friday, June 9, 2023
spot_imgspot_imgspot_imgspot_img

Q4FY21 Company Update – Radico Khaitan – ICICI Direct

Radico Khaitan (RKL) in Q4FY21 reported volume growth of 8% (ex-AP impact, double digit volume growth). For FY21, Radico’s volumes have de-grown 8% (compared to a mid-teen de-growth for liquor industry). In Q4FY21, Prestige and Above segment volumes (28% of overall IMFL volumes) grew 15%. RKL reported revenue growth of 19% YoY to Rs. 695 crore. EBITDA grew 23% YoY to Rs. 101 crore driven by improved margin profile. EBITDA margin expanded 50 bps from 14.1% to 14.6% due to gross margin improvement and cost rationalisation. Lower tax rate and exceptional expense of Rs. 8 crore in the base quarter enabled the company to report 78% YoY growth in net profit to Rs. 74 crore.

Shares of RADICO KHAITAN LTD. was last trading in BSE at Rs.645.75 as compared to the previous close of Rs. 628.85. The total number of shares traded during the day was 102329 in over 9532 trades.

The stock hit an intraday high of Rs. 667 and intraday low of 627. The net turnover during the day was Rs. 66411993.

The above news was originally posted on www.equitybulls.com

close

Sign up to receive awesome content in your inbox, every week

Oh hi there 👋 It’s nice to meet you.

We don’t spam! Read our privacy policy for more info.

Related
Radico Khaitan signs Nidhi Agerwal as their brand influencer for Morpheus Brandy

Related Articles

Stay Connected

22,907FansLike
3,803FollowersFollow
20,900SubscribersSubscribe
- LATEST ISSUE -spot_img

Latest Articles