Will sustain margins in remaining half year: Pincon Spirit

In an interview to CNBC-TV18, Arup Thakur, CFO of Pincon Spirit discussed more on the company’s Q2 performance.

Our Indian-Made Indian Liquor (IMIL) vertical has almost grown about 45 percent. Fast moving consumer goods (FMCG) also contributed close to 25 percent. All the verticals taken together, we have experienced the growth of around 30 percent. We will be able to sustain these margins in the second half of the year, he said.

Indian-made foreign liquor (IMFL) brand has already consolidated and having a robust business in West Bengal followed by Karnataka, he added.

In FMCG segment, we have gone into institutional vertical, said Thakur.

Expect double-digit growth in revenues, he further mentioned.

For full interview, watch accompanying video...