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TI — Tilaknagar Industries News Story

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India's Tilaknagar Industries slumps as second quarter profit falls

** Indian liquor manufacturer Tilaknagar Industries TILK.NS falls 4.7% after second-quarter results

** Co's profit after tax drops 9.5% y/y, as net sales realizations (NSR) per case fall 4.7% y/y

** TILK says fall in NSR due to price reduction in Andhra Pradesh which took place in Q3 FY25, impacting Q2 base comparison

** PAT margin contracts to 13.2% from 15.4% y/y

** Still, volumes grow 16.2% y/y pushing net revenue 6.2% higher

** YTD, TILK shares up ~14.6%

 (Reporting by Ananta Agarwal in Bengaluru)

 ((Ananta.Agarwal@thomsonreuters.com))

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