Radico Khaitan's Gross Profit Touches Rs. 472 Cr In Q1 FY2025

Radico Khaitan has revealed its results for the first quarter ended on 30 June 2024.

In Q1 FY2025, Radico Khaitan reported a total IMFL volume of 7.07 million cases, reflecting a decrease of 4.0 per cent. However, the Prestige & Above brands showed a significant volume increase of 14.3 per cent, reaching 2.73 million cases. The net sales for these premium brands grew by 19.1 per cent, amounting to Rs. 499.5 crore.

Their contribution to the total IMFL volumes rose to 43.4 per cent from 36.5 per cent, while their share in the total IMFL sales value increased to 67.0 per cent from 59.5 per cent. The company's revenue from operations (net) stood at Rs. 1,136.5 crore, marking a 19.1 per cent growth.

Gross profit was Rs. 472.0 crore, up by 13.5 per cent, with a margin of 41.5 per cent. Radico Khaitan achieved its highest-ever quarterly Ebitda of Rs. 148.2 crore, a 24.6 per cent increase, with a margin of 13.0 per cent. Total comprehensive income for the quarter was Rs. 75.7 crore, up by 20.6 per cent, including contributions from brands on royalty.

Commenting on the performance, Dr. Lalit Khaitan, Chairman and Managing Director, says, “During Q1 FY2025, we achieved strong premium volume growth despite a challenging operating environment. External factors such as lower consumption growth concerns about ongoing foodgrain inflation, and volatile commodity prices did not deter us from delivering robust operating performance. We remain confident in the medium to long-term potential of the Indian IMFL sector. With our distinguished portfolio of luxury and premium brands, coupled with our execution expertise and expansive distribution network, Radico Khaitan is well-positioned to seize forthcoming industry opportunities. We will continue enhancing our brand portfolio to outperform the industry. Moving forward, we will stay focused on our strategic priorities and deliver consistent and profitable growth.”

Abhishek Khaitan, Managing Director, adds, “FY2025 started on a positive note as we continued to deliver on our strategic roadmap. During the quarter, we launched Rampur Asava, Sangam, and Jaisalmer Gold Edition in India, enhancing the experience for connoisseurs of luxury brands. Our plan is to broaden the distribution of these distinguished brands throughout the year. We remain committed to curating a focused portfolio of premium brands that resonate with consumer aspirations. Moving forward, we will invest in strengthening our brand portfolio through targeted marketing and the introduction of select new brands in the luxury and premium space. As the year progresses, we expect the broader raw material basket to remain stable. Coupled with ongoing premiumization, we anticipate staying on track with our margin expansion trajectory.”