Pincon Spirit standalone net profit rises 30.56% in the June 2017 quarter – business-standard.com

Pincon Spirit standalone net profit rises 30.56% in the June 2017 quarter – business-standard.com

Sales rise 26.30% to Rs 390.62 crore

Net profit of Pincon Spirit rose 30.56% to Rs 11.92 crore in the quarter ended June 2017 as against Rs 9.13 crore during the previous quarter ended June 2016. Sales rose 26.30% to Rs 390.62 crore in the quarter ended June 2017 as against Rs 309.28 crore during the previous quarter ended June 2016.ParticularsQuarter EndedJun. 2017Jun. 2016% Var.Sales390.62309.28 26 OPM %6.726.68 PBDT18.7014.23 31 PBT17.7413.80 29 NP11.929.13 31

 

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Focussing on mid-level & affordable segment liquor brands: Pincon Spirit – moneycontrol.com

Focussing on mid-level & affordable segment liquor brands: Pincon Spirit – moneycontrol.com

In an interview to CNBC-TV18, Arup Thakur, CFO of Pincon Spirit spoke about the results and his outlook for the company.

 

In an interview to CNBC-TV18, Arup Thakur, CFO of Pincon Spirit spoke about the results and his outlook for the company.

He said that liquor segment growth is around 35 percent and fast moving consumer goods (FMCG) growth maintained at 4-5 percent in Q1.

Pincon is focussing on mid-level and affordable segment of liquor brands, said Thakur.

Watch accompanying video for more details.

 

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