Today, the stock of liquor company Tilaknagar Industries is witnessing a gain of 17%. After releasing the second quarter results, such a tremendous rise is being seen in this stock today. The company has released the results of the July-September quarter a day earlier i.e. on Monday after the market closed. After the results, the company's CMD, Amit Dahanukar said that the company has achieved the highest ever EBITDA in the second quarter.

He said that margins also improved on the basis of excellent brand mix. Along with this, the company has also taken several steps for cost optimization. During this time, volume growth was seen in important markets like Andhra Pradesh. He said that the second quarter is going to be even better than the first quarter of the current financial year.

What did the management say after the results? Andhra Pradesh and Telangana account for about 50% of the company's total sales. But now the management says that they are focusing on making their presence in other areas as well. The management has estimated a total income of ₹ 1,300 crore for the full year. This company, which makes Mansion House Brandy, is the second largest brandy seller in the world. Apart from this, the company also makes whiskey, gin and rum. How were the results? In the second quarter, the company's income has increased by 5.8% year-on-year to ₹ 374.8 crore. During this period, the company's operating profit (EBITDA) increased by 39.1% to ₹ 66 crore. Margins also improved by 400 basis points from 13.4% to 17.6% on an annual basis. Volume will also increase by 3.1% to 31 lakh in the second quarter. With today's rise, the stock has seen a gain of more than 20% in the last 1 month. During the last 6 months, this stock has shown a gain of more than 47%. Tilak Nagar Industries' 52-week high is ₹ 341.90 per share. Whereas, the 52-week low of this stock is ₹ 182.05 per share.