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Radico Khaitan reports marginal rise in Q4 profit

The Radico Khaitan has been good in their business and this reflects on the increase in their net profit. For the numbers, they had a net profit of Rs 17.4 crore for the fourth quarter that ended March 31, 2012 compared to Rs 16.7 crore in the corresponding period on the previous fiscal.

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Radico Khaitan

The chairman and managing director of the company Mr Lahit Khaitan said that two of their premium brands are the reason for this growth, namely, these are Magic Movements vodka and Morpheus brandy.

Their acquisition of these two brands is also the reason why they had strengthened their presence in South India. The recent increases in the price of liquor had also contributed in the overall growth and profit of the company.

One of the reasons why the company is soaring in success is that they also do their best to offer high value products to the market. In return, they are also gaining good profits.

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