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Radico Khaitan reports decent Q4 numbers

19 May 2011 Evaluate

Radico Khaitan has reported results for the quarter and the year ended March 31, 2011.

The company’s net profit for the fourth quarter has surged by 81.56% at Rs 17.43 crore as compared to Rs 9.60 crore for the same quarter last year. Its net profit/ income from operation has increased by 16.01% at Rs 247.68 crore for the quarter under review from Rs 213.49 crore in the corresponding previous quarter.

The company has registered growth of 75.25% in its net profit for the current year at Rs 72.80 crore as compared to Rs 41.54 crore for the previous year. Its net profit/ income from operation has increased by 18.31% at Rs 971.36 crore for the year from Rs 820.98 crore in previous year.

Radico Khaitan has recommended equity dividend of Rs 0.70 or 35% for the financial year ended March 31, 2011 per fully paid up equity share of Rs 2 each of the company.

Peers
Company Name CMP
United Spirits 1397.20
United Breweries 1255.85
Radico Khaitan 4366.95
India Glycols 295.70
Allied Blenders&Dist 631.85
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