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ICICI Direct: Radico Khaitan’s Strong Margins In Challenging Demand Scenario

Radico Khaitan’s revenue declined 34% year-on-year to Rs 409 crore in Q1 due to 43% decline in IMFL volumes to 3.54 million cases.

Radico Khaitan’s Magic Moments Liquor bottles. (Photo: Company website)
Radico Khaitan’s Magic Moments Liquor bottles. (Photo: Company website)
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