2024-10-25 10:08:41 :
Radico Khaitan second quarter results live broadcast: Radico Khaitan announced its second quarter results on October 24, 2024. Revenue increased by 5.16% year-on-year, and profit increased significantly by 24.4%. However, compared to the previous quarter, revenue fell by 8.42%, but profits still achieved a growth of 4.24%.
In terms of expenses, selling, general and administrative (SG&A) expenses increased by 4.71% month-on-month and 4.61% year-on-year. This reflects the company’s continued investment in operations despite revenue fluctuations.
Operating income increased significantly, with a month-on-month growth of 9.76% and a year-on-year growth of 34.08%, with strong operating efficiency. Second quarter earnings per share (EPS) were $6.02, an increase of 24.12% compared with the same period last year.
Radico Khaitan has returned 4.71% over the past week and an impressive 32.4% over the past six months. Year to date, the company has achieved impressive returns of 38.47%.
Currently, Radico Khaitan has a market capitalization of $Rs 30,716.58 Crore, 52-week High $2,389 from $1,141.25. This performance makes the company a significant player in the market.
As of October 25, 2024, out of 8 analysts covering Radico Khaitan, 1 rate it a Hold rating, 2 assign it a Buy rating, and 5 assign it a Strong Buy rating. Consensus recommendations indicate Strong Buy, highlighting the positive sentiment among market analysts.
Radico Kaitan Financial Corporation
| period | Q2 | Q1 | month-on-month growth | Q2 | year-on-year growth |
|---|---|---|---|---|---|
| total revenue | 3906.59 | 4265.62 | -8.42% | 3715.05 | +5.16% |
| Total Selling/General/Administrative Expenses | 156.91 | 149.85 | +4.71% | 150 | +4.61% |
| Depreciation/Amortization | 35.69 | 32.85 | +8.64% | 26.12 | +36.64% |
| total operating expenses | 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 tax | 111.86 | 101.38 | +10.34% | 83.3 | +34.29% |
| net income | 80.66 | 77.38 | +4.24% | 64.84 | +24.4% |
| Diluted normalized earnings per share | 6.02 | 5.79 | +3.97% | 4.85 | +24.12% |
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