Radico Khaitan Ltd reports consolidated net profit of Rs. 64.83 crores in Q2 FY2024

Radico Khaitan Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 3715.7417 crores during the period ended September 30, 2023 as compared to Rs. 4024.4326 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 64.8395 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 68.2688 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 4.85 for the period ended September 30, 2023 as compared to Rs. 5.11 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹3715.7417 crs	₹4024.4326 crs	-7.67%
Net Profit	₹64.8395 crs	₹68.2688 crs	-5.02%
EPS	₹4.85	₹5.11	-5.09%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs.3715.7417 crores during the period ended September 30, 2023 as compared to Rs.3019.5035 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.64.8395 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.54.4890 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.4.85 for the period ended September 30, 2023 as compared to Rs.4.08 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹3715.7417 crs	₹3019.5035 crs	23.06%
Net Profit	₹64.8395 crs	₹54.4890 crs	19.00%
EPS	₹4.85	₹4.08	18.87%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.7740.1743 crores during the 6 Months period ended September 30, 2023 as compared to Rs.6207.6712 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.133.1083 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.116.4795 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.9.96 for the 6 Months period ended September 30, 2023 as compared to Rs.8.71 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹7740.1743 crs	₹6207.6712 crs	24.69%
Net Profit	₹133.1083 crs	₹116.4795 crs	14.28%
EPS	₹9.96	₹8.71	14.35%

Shares of Radico Khaitan Limited was last trading in BSE at Rs. 1322.40 as compared to the previous close of Rs. 1278.65. The total number of shares traded during the day was 17641 in over 1740 trades.

The stock hit an intraday high of Rs. 1343.00 and intraday low of 1293.00. The net turnover during the day was Rs. 23277676.00.

Source : Equity Bulls

Keywords

RadicoKhaitan Q2FY24 H1FY24 ResultUpdate