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NDTV
29-05-2025
- Business
- NDTV
Radico Khaitan Withdraws 'Trikal' Name For New Whisky After Backlash
New Delhi: Homegrown AlcoBev firm Radico Khaitan has withdrawn the brand name 'Trikal' for its new range of single malt whisky as the company faced criticism over the same. In a regulatory filing, Radico Khaitan said withdrawal of brand name "is not just a business decision, it is a gesture of respect, reflection, and our unwavering commitment to honour the sentiments of our people and our country". The company said, "We understand that concerns have been raised regarding the brand name. As a responsible and sensitive organisation, post internal review, we have decided to withdraw the brand." Radico Khaitan is the maker of award-winning single malt 'Rampur' and Jaisalmer Indian Craft Gin. Besides, it owns IMFL brands as 8 PM Whisky and Magic Moments Vodka. Earlier this month, the company announced to launch of two new products - Trikal Indian Single Malt and Morpheus Super Premium Whisky - as per its endeavour to amplify its play in the premium segment. According to some media reports, the company faced challenges in Uttarakhand, where it was believed to have been denied permission. Moreover, it also faced some backlash on social media platforms, as imagery on the product label had a resemblance to a religious iconography. However, the company said the name 'Trikal' comes from Sanskrit which means 'three times', referring to the past, present, and future. "It reflects our deep-rooted belief in honouring India's rich heritage while embracing progress and innovation. 'Trikal' is not just a name; it is a tribute to the timeless spirit of India, to the hands of our artisans, and the soul of our culture," it said. Shares of Radico Khaitan were trading at Rs 2,490.65 apiece on the BSE on Thursday afternoon, up 1.43 per cent from the previous close.
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Business Standard
29-05-2025
- Business
- Business Standard
Som Distilleries & Breweries shares slipped 13% after posting Q4 results
Som Distilleries & Breweries share price plunged 13 per cent in trade on Thursday, May 27, 2025, logging an intraday low at ₹137.7 per share on BSE. The southward moment in the stock came after the company posted mixed Q4 results. At 9:44 AM, Som Distilleries & Breweries shares were down 11.15 per cent at ₹140.65 per share on the BSE. In comparison, the BSE Sensex was up 0.23 per cent at 81,497.69. The market capitalisation of the company stood at ₹2,725.46 crore. The 52-week high of the stock was at ₹162.9 per share and the 52-week low of the stock was at ₹96 per share. Som Distilleries & Breweries Q4 results 2025 The company reported its Q4 results on Wednesday post market hours. In Q4, the company's consolidated net profit for the quarter stood at ₹23.73 crore as compared to ₹19.98 crore a year ago. Its revenue from operations stood at ₹682.75 crore as against ₹738.71 crore, down 7.5 per cent. However, for FY 2024–25, total revenue from operations stood at ₹1,447 crore, reflecting a strong year-on-year (Y-o-Y) growth of 12.52 per cent, compared to ₹1,286 crore in FY 2023–24. Also Read The finance cost for the year declined to 0.76 per cent of revenue in FY 2024-25, down from 0.92 per cent in the previous fiscal year, indicating better capital structure and cost management. The company reported an Earnings before interest, tax, depreciation and amortisation (Ebitda) margin of 12.49 per cent in FY 2024-25, up from 12.07 per cent in the previous year. In absolute terms, Ebitda grew by 16.46 per cent Y-o-Y, demonstrating enhanced operational efficiency and reported a figure of ₹180.71 crore. About Som Distilleries & Breweries Som Group of Companies is an integrated AlcoBev player based out of Central India. The group is into production of Beer, Whisky, Vodka, Rum, Gin, Ready to drink beverages and Country Liquor. The group operates a brewery, a distillery, support industries & a distribution network across the country. The group's diversification is an important factor in delivering the highest quality brands to the consumers and delivering long-term value to the stakeholders.
