An attempt to estimate quarterly sales of Indri based on recent disclosure of no. of cases sold:
Q1fy24: 15 cr (7370 cases12 bottles 1775 edp realisayion price)
Q2fy24: 15 cr (assuming increase in sales vs q1fy24 of distillery segment to be largely from indri – fair assumption i’d say. In this case there was no growth qoq)
Q3fy24: 60 cr: (sales increase vs q1fy24 was 50 cr, assuming most of it was from indri)
Q4fy24: 85 cr ( sales increased 85 cr from q1fy24, assuming most of it was indri)
Q1fy25: 52 cr (24700 cases12 bottles per case1775 edp realisation price per bottle)
As far as i can see the growth has just started. Indri sales from this quarter were almost similar to that of q3fy24 which is peak winter/festive season. Obv this assumes the information management is giving is correct and not fraudulent.
Disc: invested
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