Shares of Radico Khaitan are trading with gains of as much as 9.5% after the Budget announcements. The stock is the top gainer on the Nifty FMCG index.

CNBCTV18·author

Published Oct 29, 2025 | 5:29 AM GMT-04

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Liquor maker Radico Khaitan Ltd on Wednesday reported a 72% jump in quarterly net profit to ₹139.5 crore, helped by strong demand for its premium brands and improved margins.

Revenue from operations rose 34% year-on-year to ₹1,493.7 crore, while EBITDA increased 45.4% to ₹237.4 crore. Operating margin expanded to 31.2% from 28% a year earlier. The company said growth was driven by its premium and luxury portfolio, including Rampur Whisky and Magic Moments Vodka, amid stable input costs.

Separately, the company’s board approved a scheme of amalgamation involving its wholly owned subsidiary Radico Spiritzs India Pvt Ltd and eight step-down subsidiaries. The merger, subject to regulatory approvals under Sections 230–232 of the Companies Act, aims to streamline operations, reduce compliance costs and improve management efficiency.

Radico said the consolidation will lead to optimized use of capital, reduced administrative overlaps, and better value creation for shareholders. The amalgamation will not involve any cash or share consideration since all entities are wholly owned.

Radico Khaitan shares were last down 0.5% at ₹3,174.60 on the BSE following the announcement.

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