The company said "because of lockdown, the volume for the quarter ended June 30, 2020, was impacted partially, as there were no sales during the period April 1, 2020, till May 04, 2020. The sales have resumed, post opening up of lockdown and have picked up in many states during June 2020".
Radico Khaitan Managing Director Abhishek Khaitan said the company's profitability has improved due to a better state and product mix and a higher share of exports business.
"We recently received a price increase in one of the key liquor consuming states in south India. This price increase also had a positive impact on our profitability. Radico Khaitan continues to focus on further strengthening its premium products portfolio through new launches and ongoing marketing investments," he said.
Radico Khaitan's brand portfolio includes After Dark Whisky, Contessa Rum, Magic Moments Vodka, Morpheus Brandy, Old Admiral Brandy and 8PM Whisky.
Shares of Radico Khaitan were trading 0.22 per cent higher at Rs 395.60 apiece on the BSE.
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