Indian spirits firm Radico Khaitan noticed first-quarter (Q1) gross sales soar by a 3rd, marking its greatest quarterly efficiency to this point.
In comparison with the identical interval final yr, web gross sales from operations in the course of the three months ending 30 June 2025 grew by 32.5% to ₹1.5 billion crore (US$17.1 million).
The corporate’s complete Indian-made international liquor (IMFL) quantity rose from 7.07m circumstances to 9.72m circumstances in Q1, representing a 37.5% improve in comparison with the identical interval in 2024.
Radico’s ‘Status and Above’ phase elevated by 40.8% in Q1, whereas the ‘Common and Different’ division soared by 52.1%.
The agency’s complete complete revenue skyrocketed by 74.5% in the course of the quarter.
The corporate’s earnings earlier than curiosity, taxes, depreciation, and amortisation (EBITDA) grew by 55.6% to ₹230.7m crore (US$26,314,262).
Dr Lalit Khaitan, chairman and managing director of Radico Khaitan, commented on the efficiency: “Constructing on the sturdy momentum from the second half of final yr, Radico Khaitan delivered a standout efficiency in Q1 FY2026. We continued to make vital progress on our premiumisation journey, with our premium portfolio driving strong income progress.”
He famous that the outcomes marked the corporate’s highest quarterly volumes, web gross sales and EBITDA to this point, which he attributed to a “steady uncooked materials setting and a beneficial product combine”.
Khaitan famous that the corporate would give attention to “sustainable, worthwhile, and volume-led progress within the medium time period” by specializing in its core premium manufacturers and the “increasing distribution of its current premium and luxurious launches”.
The ‘file’ outcomes come after 9 quarters of decline, with common volumes returning to a powerful progress trajectory within the third quarter. This improve was supported by a change within the path to market in Andhra Pradesh.
‘Transformative part’
Abhishek Khaitan, managing director of Radico Khaitan, mentioned: “FY2026 marks a transformative part in Radico Khaitan’s journey, as we took a daring step into the fast-growing super-premium whisky phase with the launch of Morpheus Tremendous Premium Whisky. One other vital milestone is the introduction of The Spirit of Kashmyr, a luxurious vodka crafted with the ambition to turn out to be a number one international model.
“Because the yr unfolds, we stay assured in sustaining sturdy topline progress. With a broadly steady uncooked materials setting and continued premiumisation, we’re well-positioned to ship margin enlargement and additional web debt discount. The Indian alco-bev trade is evolving right into a lifestyle-led class, pushed by rising affluence and shifting client preferences.
Abhishek believes the corporate is “well-positioned to guide the following part of progress, supported by its diversified portfolio, sturdy innovation pipeline, and rising presence in premium and luxurious segments”.
Radico Khaitan is considered one of Indian’s largest spirits producers. Along with Morpheus whisky and Kashmyr vodka, the corporate’s portfolio contains manufacturers resembling Rampur Indian single malt, Sangam World Malt Whisky, and Jaisalmer craft gin.
Final yr, the corporate partnered with distribution platform Bemakers to boost its European enterprise.
Earlier this yr, Radico Khaitan withdrew its new single malt whisky, Trikal, following sensitivity issues over the model’s title and packaging.
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