Q1 Results: Liquor company gave 100% return in last one year - now profit has doubled

News Topical, Digital Desk : Tilaknagar Industries announced the results for the quarter ended June after the stock market closed on Monday. The company informed the exchange that its profit doubled during this period. The company informed the exchange that its profit in the June quarter increased 120 percent year-on-year to Rs 88.5 crore, which was Rs 40 crore in the same quarter a year ago. The company's income increased by 30.7 percent to Rs 409 crore, which was Rs 313 crore in the same quarter a year ago.

The company said that in the June quarter, the company's EBITDA grew by 89 percent to Rs 94.5 crore, which was Rs 50 crore in the same quarter a year ago. The company's EBITDA margin has increased from 16 percent year-on-year to 23.1 percent.

What does the company do Tilaknagar Industries Limited (TIL) is one of the leading liquor manufacturers in India and is known for its Indian Made Foreign Liquor (IMFL) brands. Its popular brands are - Monkey Shoulder, Monkey Brandy, Blue Ribbon, Hunter Brandy, McDowell's. 

Share performance The company's stock closed at Rs 477.90 on Monday with a gain of 1.72 percent. In the last one year, the company's stock has seen a growth of 98.38 percent. 

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