Radico Khaitan Ltd. Announces Audited Earnings Results for the Fourth Quarter and Year Ended March 31, 2016
May 09, 2016
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Radico Khaitan Ltd. announced audited earnings results for the fourth quarter and year ended March 31, 2016. For the quarter, the company reported total Income from operations of INR 3,776.408 million compared to INR 3,433.899 million a year ago. Profit from operations before other income, finance costs and exceptional items of INR 284.984 million compared to INR 248.918 million a year ago. Profit from ordinary activities before tax was INR 202.835 million compared to INR 181.425 million a year ago. Net Profit for the period was INR 147.735 million compared to INR 149.004 million a year ago. Diluted earnings per share before and after extraordinary items was INR 1.10 compared to INR 1.12 a year ago.
For the year, the company reported total income from operations of INR 15,430.952 million compared to INR 14,883.928 million a year ago. Profit from operations before other income, finance costs and exceptional items of INR 1,542.717 million compared to INR 1,320.864 million a year ago. Profit from ordinary activities before tax was INR 1,076.986 million compared to INR 871.273 million a year ago. Net Profit for the period was INR 768.886 million compared to INR 676.352 million a year ago. Diluted earnings per share before and after extraordinary items was INR 5.75 compared to INR 5.08 a year ago. Net Sales were INR 17,892 million and EBITDA was INR 1,946 million up by 14.2%, net income was INR 769 million.
Radico Khaitan Limited manufactures alcohol and alcoholic products. The Company is engaged in the manufacturing and trading of alcoholic products, such as Indian-made foreign liquor (IMFL) and country liquor. It offers various brands, such as Jaisalmer Indian Craft Gin, Rampur Indian Single Malt Whisky, Royal Ranthambore Heritage Collection Royal Crafted Whisky, Magic Moments Dazzle Vodka - Gold, Magic Moments Dazzle Vodka - Vanilla, Magic Moments Vodka, Magic Moments Verve, After Dark Premium Whisky, Morpheus Blue XO Brandy, Morpheus XO Brandy, 8PM Premium Black Whisky, 8PM Whisky, 1965 The Spirit of Victory Premium XXX Rum, Pluton Bay Rum, Whytehall Premium Brandy, Regal Talons Premium Grain Whisky, Old Admiral Brandy and Contessa Rum. It has two distillery campuses located in India. It operates a total of over 33 bottling units across India, including five owned and operated by the Company. It also operates approximately 75,000 retail outlets and 8,000 on-premises shops.