Prestige & Above brands volume rose 35.8 per cent to 5.22 million cases, as their contribution to the IMFL volumes rose to 53.1 per cent from 41.5 per cent on a YoY basis
Radico Khaitan has reported a 76 per cent year-on-year (YoY) surge in its consolidated net profit for the first quarter the current financial year. The company’s net profit rose to Rs 229.6 crore in Q1FY27 from Rs 130.52 crore in Q1FY26, driven by a strong performance in company’s premium portfolio.
Earnings before interest, taxes, depreciation and amortisation (Ebitda) grew 50.9 per cent YoY to Rs 348.1 crore and the margins were also up from 15.3 per cent in Q1FY26 to 20.7 per cent in Q1FY27. Company’s revenue from operations rose to Rs 5,867.69 crore in Q1FY27 from Rs 5,313.51 crore during the corresponding period of the previous fiscal year (Q1FY26). Total IMFL volume grew 2.8 per cent YoY to 10 million cases.
Prestige & Above brands volume rose 35.8 per cent to 5.22 million cases, as their contribution to the IMFL volumes rose to 53.1 per cent from 41.5 per cent on a YoY basis. Net sales of Prestige & Above brands grew 36 per cent YoY to reach Rs 970 crore. Company’s net revenue from operations were up 11.8 per cent during the recently concluded quarter to Rs 1,683.7 crore.
“Carrying forward the momentum of the previous year, we have made a strong start to FY2027, underpinned by sustained premiumisation, disciplined execution and the successful implementation of our long-term strategy. The strong performance of our Prestige & Above portfolio reflects the evolving aspirations of Indian consumers and reinforces our conviction in the strategic direction we have pursued over the years,” stated Lalit Khaitan, Chairman and Managing Director, Radico Khaitan.
Dynamic Operating Environment
The CMD added that the operating environment, however, remains dynamic. Geopolitical uncertainties, evolving supply chain disruptions and volatility in certain input costs continue to require agility and prudent risk management. At the same time, the Indian IMFL industry is benefiting from favourable structural tailwinds.
Progressive regulatory reforms in key states, an improving policy environment and the sustained shift towards premium brands are creating significant opportunities for companies that have consistently invested in building strong brands with enduring consumer recall and loyalty.
“One of the most significant structural shifts underway in the Indian IMFL industry is the rapid growth of the vodka category, with its saliency increasing from 4.6 per cent in Q1FY26 to 6.1 per cent in Q1FY27. This reflects changing consumer preferences, evolving consumption occasions and the growing preference for premium white spirits,” noted Abhishek Khaitan, Managing Director, Radico Khaitan.
The MD highlighted that the company expects Prestige & Above portfolio to continue delivering strong growth and has upgraded its P&A volume growth guidance to over 25 per cent for the full year FY27. With premium and luxury brands contributing an increasing share of its business, the company remains confident of continued margin expansion and expect to deliver Ebitda margin of around 20 per cent for the full year FY2027.
