Q2 profit rises 66 percent on 10 percent revenue growth
RADICO · price
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Standalone Q2 revenue rose 10.4 percent to Rs 5,582.71 crore and profit after tax jumped 66.1 percent to Rs 230.87 crore. For the first half, revenue rose 10.4 percent to Rs 11,451.37 crore and profit after tax rose 67.8 percent to Rs 456.88 crore. Cash from operations was positive at Rs 378.30 crore. The auditor issued an unmodified review conclusion.
Faster profit growth is positive for shareholders, but sales growth was modest and cash from operations was slightly lower than a year ago.