United Spirits & Radico Khaitan Gain Mkt Share; Pernod Ricard Reports Strong FY24 | CNBC TV18

for some of the spirit companies in India because peroa the global company which has presence in India too though not listed release their numbers that's right so you know first let's understand you know for which time period did they actually release the numbers the time period is fi 24 but they year or their financial year ends in June 2024 so what we're trying to understand is number one what is the kind of sales that perner recard the India sales grew 6% on a year on-year basis with the company saying a mid single digit growth in the price as well as the volume mix now along with that uh you know the commentary there is quite strong they're saying strong broadb and accelerated performance underpinned by strong consumer demand and they also mentioned something that both radical Katan as well as United Spirits have been mentioning in the recent past that sales are actually premiumize now what this indicates is that number one you know you look at the q1 performance of both United Spirits as well as radico ketan United Spirits in this particular q1 actually saw 10% Revenue growth radical kitan saw a lot higher Revenue growth you know almost in the early 20s and in this particular segment that is the PNA that is a presti and above segment this indicates that both radical Katan as well as United Spirits have actually gained market share compared to perner recard and on the back of that you know you know once this particular news did come out you know and let actually have pencil in the kind of Market again so if you look at United Spirits today up almost 2% of sharp recovery from the intraday lows and radic k 2 is doing quite well at one point of time it was higher by almost 4 and a half% that's the reason for the upov Rema okay that's United Spirits now up close to about 1.7% radico is the big mover but let's uh get chatting

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