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The latest announcement is out from Tilaknagar Industries Limited ( (IN:TI) ).
Tilaknagar Industries Limited reported its highest ever Q2 volume of 34.2 lakh cases, reflecting a 16.2% year-on-year growth, and achieved a net revenue of INR 398 crore, marking a 6.2% increase from the previous year. The company’s EBITDA stood at INR 60 crore with a margin of 15.1%, and a PAT of INR 53 crore, indicating a 10% growth. The results demonstrate strong market performance and strategic reinvestment, as evidenced by the increased A&P reinvestment rate and expanded PAT margin, positioning the company for continued growth.
More about Tilaknagar Industries Limited
Tilaknagar Industries Limited is a prominent player in the alcoholic beverages industry, known for producing Mansion House Brandy, which is India’s largest and the world’s second-largest selling brandy. The company focuses on expanding its market share in key markets.
Average Trading Volume: 103,804
Technical Sentiment Signal: Buy
Current Market Cap: 97.91B INR
See more insights into TI stock on TipRanks’ Stock Analysis page.