More Stories

Informist, Tuesday, Jul. 28, 2026

 

Please click here to read all liners published on this story

--Radico Khaitan Apr-Jun net profit INR 2.26 bln
--Analysts saw Radico Khaitan Apr-Jun net profit at INR 1.96 bln
--Radico Khaitan Apr-Jun revenue INR 58.68 bln
--Analysts saw Radico Khaitan Apr-Jun revenue at INR 16.97 bln
--Radico Khaitan Apr-Jun net profit INR 2.26 bln vs INR 1.33 bln yr ago
--Radico Khaitan Apr-Jun revenue INR 58.68 bln vs INR 53.14 bln year ago
--Radico Khaitan Apr-Jun net revenue INR 16.84 bln vs INR 15.06 bln year ago
--Radico Khaitan Q1 excise duty paid INR 41.84 bln vs INR 38.07 bln year ago
--Radico Khaitan Apr-Jun EBITDA INR 3.48 bln, up 50.9% on year
--Radico Khaitan Apr-Jun EBITDA margin 20.7% vs 15.3% yr ago
--Radico Khaitan Apr-Jun sales volume 10 mln tn, up 2.8% on year
--Radico Khaitan Apr-Jun prestige pdt sales volume 5.22 mln tn, up 35.8% YoY
--Radico Khaitan Apr-Jun regular pdt sales volume 4.61 mln tn, dn 15.1% YoY
--Radico Khaitan ups FY27 premium pdt volume growth guidance to 25% from 20%
--Radico Khaitan: Expect EBITDA margin at 20% for FY27

 

By Devanshu Singla

 

MUMBAI – Alcoholic beverage maker Radico Khaitan Ltd. posted a sharp jump in its net profit and revenues for the June quarter, driven by robust growth in revenues from Indian made foreign liquor, particularly in the prestige and above segment. The company's growth in income outpaced the growth in its expenses as raw material costs rose at a much lower pace than revenue and the profit was further boosted by a reduction in changes to inventory and work-in-progress. 

 

The company reported a standalone net profit of INR 2.26 billion for the June quarter, up 70% from INR 1.33 billion in the year-ago quarter. The company's net profit was sharply up from the Street estimate of INR 1.96 billion. Sequentially, the company's net profit rose 29% from INR 1.75 billion in the March quarter. 

 

Radico reported revenue from operations of INR 58.68 billion for the June quarter, up 10% from INR 53.14 billion in the year-ago quarter. The Street estimate for the company's revenue from operations was INR 16.97 billion. Sequentially, the revenue from operations increased 13% to INR 51.82 billion. The company posted total income of INR 58.73 billion, up 10% on year and 13% on quarter.

 

The alcohol maker's earnings before interest, tax, depreciation, and amortisation rose 50.9% on year to INR 3.48 billion. The company reported an EBITDA margin of 20.7%, up 536 basis points from 15.3% in the year-ago quarter. The company's gross margin during the quarter was 49.1%, up 610 bps on year and 110 bps on quarter. The gross margin improved on a year-ago basis due to a relatively modest increase in raw material costs coupled with ongoing premiumisation. The lower increase in raw material costs accounted for 75 bps of gross margin expansion during the quarter, the company said in a presentation.

 

The company's total expenses were INR 55.72 billion for the June quarter, up nearly 9% on year. The company paid excise duty of INR 41.84 billion, up 10% on year. Excise duty comprised 75% of the total expenses. The company's cost of material consumed increased only 3% on year to INR 8.55 billion, and selling and distribution expenses increased 23% on year to INR 1.8 billion. The company reported employee benefit expenses of INR 684.24 million for the reporting quarter, up 24% on year. Its other expenses increased 7.5% on year to INR 2.29 billion. 

 

In the Indian made foreign liquor segment, Radico Khaitan sold 10 million cases in the June quarter, up 2.8% on year. The company reported sales of 5.22 million cases in the prestige and higher segment, up 36% on year. "IMFL (Indian made foreign liquor) revenue growth was 18.0% YoY led by the premium portfolio. Non-IMFL revenue degrowth was due to higher captive consumption and lower Bulk alcohol sales in Q1FY27 (Apr-Jun)," the company said.

 

"We expect our Prestige & Above portfolio to continue delivering strong growth and upgrade our P&A (prestige & above) volume growth guidance to over 25% for the full year FY2027," Abhishek Khaitan, managing director, said. "With premium and luxury brands contributing an increasing share of our business, we remain confident of continued margin expansion and expect to deliver EBITDA margin of around 20% for the full year FY2027 (Apr-Mar), while strengthening our portfolio of market-leading brands and creating sustainable long-term value for all our stakeholders."

 

Shares of Radico Khaitan rose smartly after the company declared its June quarter results during market hours. Shares of the company closed at INR 4,289.70 apiece on the National Stock Exchange, up 3.4% from Monday.  End

 

Edited by Pankaj Aher

 

For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.

 

Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.

 

Informist Media Tel +91 (22) 6985-4000

Send comments to feedback@informistmedia.com

 

© Informist Media Pvt. Ltd. 2026. All rights reserved.