Radico Khaitan on a high with premium spirits
A regular listee on the Fortune India Next 500 since 2015, Radico Khaitan’s double-digit growth, backed by premium product offerings, has propelled the liquor manufacturer into the big league.
A regular listee on the Fortune India Next 500 since 2015, Radico Khaitan’s double-digit growth, backed by premium product offerings, has propelled the liquor manufacturer into the big league.
The Fortune India Next 500 reported its first-ever cumulative loss this year since the list was launched in 2015. This was mainly on account of overleveraged loss-makers.
The health of an economy like India’s can often be gauged by how its midsize companies are doing. The Fortune India Next 500 list delves deep into these companies, to analyse how they are faring.
Passion for the liquor trade has made Abhishek Khaitan, MD of the branded spirits manufacturer, build top-selling premium brands by targeting niches.
The cumulative profit of the Next 500 companies fell 36% this year, a much better show when compared to last year’s fall of 65%. The churn continues, with the list seeing 119 new entrants.
Editor’s letter from the March 15 - June 14 special issue.