Teacher's whisky maker's sales up, but losses widen

Sales rose 54% to ₹1,163 crore during the year to March 2023, compared to ₹756 crore in FY22. Net losses increased to ₹299.7 crore last fiscal against ₹262.3 crore a year ago, as per latest filing with the Registrar of Companies. In FY21, it had net sales of ₹531 crore on net loss of ₹201 crore. In its annual filing, the company said it is on a consumer-insights-led journey to strengthen its core business from the House of Suntory building growth momentum in the premium segments of whisky category in India.

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