India's Tilaknagar Industries falls on Q1 profit slump

Tilaknagar Industries

28/07/2026 07:56

** Shares of Tilaknagar Industries  TILK.NS down 3.4% at 448.5 rupees
** Q1 consol net profit falls 64.3% to 315.9 million rupees ($3.30 million)
** Q1 consol rev from ops more than doubles to 22.52 billion rupees
** Co records an exceptional one-time charge of 301.2 million rupees related to its acquisition of Imperial Blue business from Pernod Ricard India
** Gross margins were under pressure due to ongoing geopolitical tensions, leading to inflationary pressures across packaging inputs, particularly glass, resulting in a meaningful increase in packaging costs during the quarter, co says in its earnings statement
** YTD, stock down 3.9%

($1 = 95.7950 Indian rupees)

 (Reporting by Mridula Kumar in Bengaluru)
 ((Mridula.Kumar@thomsonreuters.com;))