Delayed dues, supply disruptions in Telangana dent liquor giants' sales

Quick Summary:

According to industry sources, alcohol companies have been grappling with delayed payments totalling around ₹4,000 crore over the past four years.

The company, known for brands like Royal Stag and Chivas Regal, recorded a 1 per cent sales growth for the quarter.

Despite these disruptions, the companies noted continued market demand and a shift towards premium products, according to a report by The Economic Times.

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Category: BusinessFinance

Markets: India

Topics: Alcohol industry India United Breweries exit Telangana alcohol dues Imported spirits India Chivas Regal Heineken sales Pernod Ricard India Telangana Beverages Corporation Customs clearance issues Heineken Q3 India sales Pernod Ricard sales Q3 Telangana liquor market Liquor sales disruption India liquor companies Pernod Ricard Q3 india sales

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-18 @ 11:50:53 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 465 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 27973172

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