Stock Market Today, May 15 -- Shares of Tilaknagar Industries, one of India's leading alcoholic beverages (alcobev) companies, surged 14% to Rs.355 apiece in early morning trade on Thursday, May 15, following the company's stellar performance in the March-ending quarter (Q4FY25), driven by an uptick in volumes.
The company, on Wednesday post-market hours, reported its highest-ever quarterly revenue of Rs.406 crore, a 13.1% YoY jump. However, revenue growth lagged behind volume growth due to price reductions implemented in Andhra Pradesh in Q3 FY25. Consequently, NSR dropped to Rs.1,182 per case from Rs.1,293 in Q4FY24.
The company sold 34.2 lakh cases in Q4FY25, a 20.1% YoY increase from 28.5 lakh cases sold in the same period last year...
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