Are Radico Khaitan latest results good or bad?

Radico Khaitan has reported its financial results for the quarter ending March 2025, showcasing a mix of operational trends. The company declared a profit after tax (PAT) of Rs 187.56 crore, reflecting a year-on-year growth of 45.33%, indicating strong performance over the past six months. Additionally, Radico Khaitan achieved net sales of Rs 1,304.08 crore, marking the highest quarterly sales in the last five quarters, which suggests a favorable near-term outlook for the company.
However, the financial performance also reveals some challenges. The interest expenses for the quarter reached Rs 21.50 crore, the highest in the last five quarters, with a quarter-on-quarter increase of 10.20%. This rise in interest costs suggests increased borrowings, which may affect future financial flexibility.

When examining the quarter-on-quarter performance, net sales showed a growth of 0.76%, a decline from the previous quarter's 15.94%. The consolidated net profit experienced a decrease of 3.58% compared to the prior quarter. Furthermore, the operating profit margin (excluding other income) also declined by 0.60%.

Overall, Radico Khaitan's recent financial results highlight a combination of strong sales growth alongside rising interest expenses, leading to a flat overall performance for the quarter. The company saw an adjustment in its evaluation based on these results.