Pernod Ricard India recorded 19% sales growth in the September quarter, according to the information provided. The company’s proposed initial public offering remains subject to board approval.
Sales growth reported for September quarter
The reported increase gives Pernod Ricard India a stronger sales performance for the quarter. No further details on revenue, earnings, products or market conditions were provided.
IPO plan awaits board decision
The company is also considering an IPO, but the plan has not yet received board approval. Until that approval is granted, the offering remains a proposal rather than a confirmed transaction.
No timeline, issue size or listing details were provided. The next stated step for the IPO plan is consideration by the company’s board.