Radico’s net profit rises 27% in Q3

Radico Khaitan Ltd. has reported an increase of 27.05 percent in its consolidated net profit to ₹95.48 crore in the third quarter that ended in December 2024, compared to ₹75.15 crore in the October-December quarter a year ago, according to a BSE filing from Radico Khaitan.

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Radico’s net profit rises 27% in Q3

Radico Khaitan Ltd. has reported an increase of 27.05 percent in its consolidated net profit to ₹95.48 crore in the third quarter that ended in December 2024, compared to ₹75.15 crore in the October-December quarter a year ago, according to a BSE filing from Radico Khaitan.

Revenue from operations increased by 11.5 percent, reaching ₹1,294 crore from ₹1,161 crore in the corresponding quarter last year. In the December quarter, Radico Khaitan’s total IMFL volume was at 8.36 million cases, up 15.3 percent year-on-year. Additionally, the company’s EBITDA of ₹183.2 crore increased at 14.2 percent margin in Q3 from ₹142.6 crore a year ago.

Lalit KhatainCommenting on the performance, Lalit Khaitan, Chairman of Radico Khaitan said, “Despite challenges in overall consumption growth, the spirits industry in India has experienced a strong momentum, particularly driven by premium brands. In this context, we have delivered an impressive operational performance in Q3 FY25.”  The Chairman added, “We are confident in the medium to long-term potential of the Indian spirits industry and Radico Khaitan’s competitive growth prospects.”

Expressing his views on the results, Abhishek Khaitan, Managing Director noted IMFL volume growth of 15.3 percent year-over-year in Q3 FY25. “We anticipate this strong momentum to continue in the near term. The prestige and above category volume saw a 17.7 percent rise. Our existing premium brand sales and new product development pipeline remains robust,” he said.

Abhisekh KhatainAbhishek added, “We are committed to delivering superior performance across our portfolio. Luxury and semi-luxury brands crossed net sales value of ₹100 crore in Q3 FY25 and ₹250 crore in nine months of FY25. Reflecting the exceptional demand in the domestic as well as international markets, we expect these segments to cross ₹500 crore net sales mark in FY26. Radico Khaitan’s strategic priorities remain focused on brand building, sustained profitable growth, and long-term value creation for our stakeholders.”