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Radico Khaitan Q2 Results Live : Radico Khaitan declared its Q2 results on 24 October 2024, revealing a topline growth of 5.16% year-over-year, accompanied by a significant profit increase of 24.4%. However, compared to the previous quarter, revenue experienced a decline of 8.42%, although profit still managed to rise by 4.24%.
In terms of expenses, the Selling, General & Administrative (SG&A) expenses rose by 4.71% quarter-over-quarter and increased by 4.61% year-over-year. This reflects the company’s ongoing investments in operations despite the fluctuations in revenue.
The operating income showed a robust improvement, up by 9.76% from the previous quarter and up 34.08% year-over-year, indicating strong operational efficiency. Earnings Per Share (EPS) for Q2 stands at ₹6.02, marking a 24.12% increase compared to the same quarter last year.
Over the past week, Radico Khaitan has recorded a return of 4.71%, while the last six months have seen an impressive 32.4% return. Year-to-date, the company has achieved a remarkable return of 38.47%.
Currently, Radico Khaitan holds a market capitalization of ₹30,716.58 Crores, with a 52-week high of ₹2,389 and a low of ₹1,141.25. This performance positions the company as a significant player in the market.
As of 25 October 2024, out of eight analysts covering Radico Khaitan, one has given a Hold rating, two analysts have assigned a Buy rating, and five have issued a Strong Buy rating. The consensus recommendation indicates a Strong Buy, highlighting positive sentiment among market analysts.
Radico Khaitan Financials
| Period | Q2 | Q1 | Q-o-Q Growth | Q2 | Y-o-Y Growth |
|---|---|---|---|---|---|
| Total Revenue | 3906.59 | 4265.62 | -8.42% | 3715.05 | +5.16% |
| Selling/ General/ Admin Expenses Total | 156.91 | 149.85 | +4.71% | 150 | +4.61% |
| Depreciation/ Amortization | 35.69 | 32.85 | +8.64% | 26.12 | +36.64% |
| Total Operating Expense | 3779.1 | 4149.47 | -8.93% | 3619.97 | +4.4% |
| Operating Income | 127.49 | 116.15 | +9.76% | 95.08 | +34.08% |
| Net Income Before Taxes | 111.86 | 101.38 | +10.34% | 83.3 | +34.29% |
| Net Income | 80.66 | 77.38 | +4.24% | 64.84 | +24.4% |
| Diluted Normalized EPS | 6.02 | 5.79 | +3.97% | 4.85 | +24.12% |
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