Jagatjit Industries Unveils Royal Pride Whisky In Premium Spirits Market
Recently revealed Q1 results for FY 23-24 show that the company’s total revenue soared to Rs. 181.17 crore
Jagatjit Industries unveiled Royal Pride whisky in the premium segment. The spirit is smooth, mellow and a full-bodied blend melded together with a touch of spicy and smoky peat. The appearance is deep gold, the aroma is malty and has mildly spicy notes. Positioned in the premium segment, Royal Pride is available in three distinct SKUs (Stock Keeping Units) to cater to a wide range of preferences and budgets; Quart (750ml) priced at Rs. 800, Pint (375ml) priced at Rs. 400, Nip (180ml) priced at Rs. 200 is now available at select retail outlets and fine dining establishments across Delhi and will see presence across India soon.
Speaking about the new launch, Roshini Sanah Jaiswal, Promoter and Executive Director, Jagatjit Industries Limited said, "We are excited to introduce Royal Pride Whisky to the vibrant and ever-evolving market, currently it has been introduced in Delhi. Royal Pride is carefully blended with the finest grain spirits and imported scotch malts by Scottish master blenders. With our long-standing tradition of delivering exceptional spirits, we are confident that Royal Pride will captivate and delight the palates of whisky enthusiasts with every sip. In user trials, we found Royal Pride greatly appreciated by even Single Malt drinkers. This is a testament to JIL's ongoing commitment to premiumization, further solidifying its reputation as a trailblazer in the Indian spirits industry."
Jagatjit Industries recently revealed its Q1 results for FY 23-24, they show that the company’s total revenue soared to Rs. 181.17 crore, representing an increase of 42.42 per cent compared to the same period last year. Furthermore, their quarterly net profit in June 2023 reached Rs. 2.64 crore, marking a 160 per cent increase from June 2022. Additionally, the EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) for June 2023 stood at Rs. 11.80 crore, signifying a substantial growth of 116.12 per cent from June 2022.
JIL has a presence in 20 states across India, such as Punjab, Delhi, Rajasthan, Assam, West Bengal, Andhra Pradesh, Telangana, and Maharashtra.
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