1 Min(s) Read
By Surabhi Sutaria Feb 15, 2023 6:41:59 PM IST (Published)
Radico Khaitan's management said that the raw material scenario still remains volatile
Shares of Liquor manufacturer Radico Khaitan Ltd. ended at the day's high on Wednesday after dropping nearly 4 percent in early trading. The company reported a 20 percent drop in net profit compared to the year-ago period.
Live Tv
Loading...
Revenue for the quarter increased 5 percent to Rs 792 crore while operating profit or EBITDA saw a drop of 19 percent year-on-year.
Margins also dropped to 12.2 percent in the quarter under review from 15.7 percent in the same quarter a year ago.