Radico Khaitan Limited, one of the largest IMFL companies in India (referred to as “Radico Khaitan” or the “Company”), announced that the Company will unveil the next two whiskies in the Jugalbandi series of eight Indian Single Malt whiskies, Jugalbandi #3 and #4, at The Whisky Show, London (29th September – 1st October 2023). The Rampur Jugalbandi…
Diageo appoints Sally Grimes as Chief Executive Officer, Diageo North America Claudia Schubert appointed President & Chief Operating Officer, Diageo North America 21 September 2023: Today, Diageo has announced the appointment of Sally Grimes as Chief Executive Officer, North America, and Claudia Schubert as President & Chief Operating Officer, North America, effective 1 October 2023. North…
Sona Machinery, a pioneer in the industrial machinery sector for over 27+ years, is proud to announce its latest leap in technological innovation, research and development, seamless automation, and unparalleled service and support across India. It has set new industry standards with its futuristic cutting-edge technology, R&D, automation, and nationwide Service & Support Network. Sona…
Radico Khaitan, a spirits company renowned for its affordable brands, is shifting its strategic focus to its premium and luxury alcohol offerings in a bid to safeguard profit margins, according to industry analysts. In the previous year, Radico Khaitan’s Prestige and Above (PA) category outpaced its standard category, showing notable growth in terms of both…
BENGALURU (Reuters) – India’s Radico Khaitan reported a 10% rise in first-quarter profit on Thursday, driven by strong demand for its premium liquors such as Rampur whisky, Jaisalmer gin and Magic Moments vodka. The company’s consolidated net profit rose to 682.7 million rupees ($8.25 million) in the April-June quarter, from 619.9 million rupees a year…
New Delhi: Spirits giant Pernod Ricard India expects its Kanpur distillery and bottling unit, built with an investment of Rs 400 crore, to become operational in the coming year. The facility is a joint venture between Pernod Ricard India and its strategic business partners. The project has a bottling capacity of 7.2 million cases per…
Jagatjit Industries Limited (JIL), a leading manufacturer of Indian Made Foreign Liquor (IMFL) and Country Liquor in India, today announced its FY 2022-23 annual results, which mark a solid period of growth and recovery. Over the past three years, the company has grown its gross revenues to INR 625 crore, from INR 273 crore, a noteworthy…
Mumbai, Maharashtra, India: Pernod Ricard India (PRI), a global leader in the wine and spirits industry, today, launched their new campaign ‘Drink More Water’. The campaign is seeking to influence consumer behavior by raising awareness on the importance of drinking water when consuming alcohol. Through this campaign, the company aims to promote responsible drinking with…
Vishwaraj Sugar, a key player in the distilleries, shares have gained in line with broad-based buying in the market to close higher. Although the stock has remained sideways this year, the company has posted good top-line numbers. It has reported a 52 percent jump in revenue from operations in the fourth quarter. It stood at…
United Spirits, the largest liquor company in India, is engaged in discussions with the Haryana government regarding the inclusion of spirits in workplaces. This comes after the state recently permitted low-content alcoholic beverages like beer, wine, and ready-to-drink beverages to be consumed within large corporate offices starting next month. During an earnings call, Hina Nagarajan,…