Globus Spirits (I attended the call)
During the Q1 FY25 conference call, management expressed expectations for margin improvement starting from Q3 FY25. An analyst noted that Mountain Oak Whisky is performing well in Uttar Pradesh, despite supplier issues on Globus’s end. Management plans to focus on Uttar Pradesh, given its substantial market size of 250-300 million cases of IMFL.
Has anyone from UP or Delhi tried Globus’s spirits Products, such as Mountain Oak Whisky, Snosky Vodka, or Terai Gin? While Radico Khaitan averages 3 million cases per quarter, Globus is currently at 0.19 million cases in the Prestige and Above segment (>Rs.1500)
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