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economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
economictimes.indiatimes.com / 1 year ago
Radico Khaitan eyes Rs 500 crore sales from luxe labels like 'Rampur' and Jaisalmer Gin
Radico Khaitan expects sales of ₹500 crore from its luxury brands, including single malt 'Rampur' and Jaisalmer Indian Craft Gin, in the next fiscal, its managing director Abhishek Khaitan said.
The company expects an 8-9%volume growth, and value growth of around «12-15%», Khaitan told PTI, adding that «this year has been a good year for us, and hopefully next year should be much better.»
For the next fiscal, he said, «We expect the same thing, our premium PNA category (Prestige & above) should grow more than 15% and we should be close to overall double-digit growth.»
«For the first time in Q3 (December quarter) we achieved a turnover of ₹100 crore (from premium) and for the nine months of FY'24, we have achieved ₹250 crore (turnover).
We are very confident that for FY'26, Radico Khaitan should achieve ₹500 crore of turnover, just for the luxury segment only,» said Khaitan.
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21.05 / 10:17
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