Radico Khaitan Limited (RADICO), manufacturer of alcoholic beverages, reported unaudited financial results for Q3 2026 ended December 31, 2025. The company delivered broad growth in revenue, volume, and profitability year-over-year.<\/p>\n\n\n\n
Consolidated revenue from operations increased 22.1% sequentially to \u20b95,423.8 crore. Net revenue from operations rose 19.5% to \u20b91,546.7 crore. Profit after tax (PAT) increased by approximately 61% to \u20b9155.1 crore. Basic earnings per share stood at \u20b911.59. EBITDA grew 44.9% to \u20b9265.4 crore with corresponding margin of 17.2%. Profit before tax grew 59% to \u20b9206.6 crore. Gross profit increased 29.2% with margin improvement to 46.5%.<\/p>\n\n\n\n
Total expenses increased consistent with higher volumes and operational activity. Net debt reduced to \u20b9365.0 crore, reflecting a reduction of \u20b9208.5 crore since March 2025.<\/p>\n\n\n\n
Total Indian Made Foreign Liquor (IMFL) volume for the quarter was up 16.7% year-on-year reaching 9.75 million cases. The Prestige and Above category recorded a 25.9% increase in volume to 4.62 million cases. The Regular & Others segment volume grew by 32.7% to 4.70 million cases marking a continuation of recovery after previous periods of decline.<\/p>\n\n\n\n
Volume growth contributed materially to revenue expansion. The share of Prestige and Above volumes approached parity with regular segment volumes, indicating more balanced segment contributions in the current period.<\/p>\n\n\n\n
Radico Khaitan\u2019s core brand portfolio showed mixed, but generally positive performance in Q3. Established brands including Magic Moments Vodka, Rampur Indian Single Malt Whisky, Jaisalmer Indian Craft Gin, and the 8 PM series continued to contribute to overall volume growth and revenue. The company also noted early traction for recent premium and luxury launches.<\/p>\n\n\n\n
Prestige and Above brands outpaced regular brands in percentage growth reflecting consumer demand trends toward higher-end products within the IMFL category. Regular and other brands posted above-average growth supported by strategic market expansions.<\/p>\n\n\n\n
Radico Khaitan maintained elevated levels of advertising and sales promotion spend during the quarter. Advertising and sales promotion costs were kept at approximately 6.9% of IMFL sales, consistent with a strategy to support sustained brand visibility and engagement. Marketing efforts are focused on purposeful brand building aimed at reinforcing long-term equity rather than short-term volume incentives.<\/p>\n\n\n\n
Management highlighted strategic emphasis on expanding presence in on-trade channels where premium consumption trends are pronounced and brand advocacy among trade partners and influencers can be deepened. The company also referenced ongoing initiatives to elevate its luxury spirits portfolio and strengthen consumer associations with aspirational brand attributes.<\/p>\n\n\n\n
Overall, Radico Khaitan reported double-digit growth in revenue, volume, and profit metrics for Q3 2026. The company demonstrated margin expansion amid stable raw material costs and achieved record quarterly volumes. Both premium and regular brand segments delivered volume increases. Brand investment and targeted marketing efforts remain integral to the company\u2019s strategy to support premiumization and enhance long-term brand equity across consumer and trade channels.<\/p>\n","protected":false},"excerpt":{"rendered":"
Radico Khaitan Limited (RADICO), manufacturer of alcoholic beverages, reported unaudited financial results for Q3 2026 ended December 31, 2025. The company delivered broad growth in revenue, volume, and profitability year-over-year. Q3 2026 Financial Performance Consolidated revenue from operations increased 22.1% sequentially to \u20b95,423.8 crore. Net revenue from operations rose 19.5% to \u20b91,546.7 crore. Profit after […]<\/p>\n","protected":false},"author":2379,"featured_media":125416,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[85,1941,5],"tags":[9013,14649,10169,14647,14646,8600,14645,8145,14648],"class_list":["post-177258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-retail-stocks","category-stock-analysis","category-latest","tag-beverages","tag-brand","tag-earnings","tag-expense","tag-margin","tag-marketing","tag-radico","tag-retail","tag-volume"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":177212,"url":"https:\/\/alphastreet.com\/india\/radico-q3-fy26-earnings-results\/","url_meta":{"origin":177258,"position":0},"title":"Radico Q3 FY26 Earnings Results","author":"Chirag Gupta","date":"January 23, 2026","format":false,"excerpt":"Incorporated in the year 1943, Radico Khaitan is one of the most recognised IMFL (Indian Made Foreign Liquor) brands in India. The company was initially known as Rampur Distillery Company and was focussed on distillation and bottling for branded players and canteen stores of armed forces. Later on in the\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148133,"url":"https:\/\/alphastreet.com\/india\/radico-khaitan-ltd-q4fy23-results-out-revenue-grows-by-over-2\/","url_meta":{"origin":177258,"position":1},"title":"Radico Khaitan Ltd Q4FY23 results out, revenue grows by over 2%","author":"Chirag Gupta","date":"June 2, 2023","format":false,"excerpt":"Incorporated in the year 1943, Radico Khaitan is one of the most recognised IMFL (Indian Made Foreign Liquor) brands in India. The company was initially known as Rampur Distillery Company and was focussed on distillation and bottling for branded players and canteen stores of armed forces. Later on in the\u2026","rel":"","context":"In "Consumer"","block_context":{"text":"Consumer","link":"https:\/\/alphastreet.com\/india\/category\/consumer-stocks\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/10\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":170509,"url":"https:\/\/alphastreet.com\/india\/radico-khaitan-q1-fy26-earnings-results\/","url_meta":{"origin":177258,"position":2},"title":"Radico Khaitan Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 22, 2025","format":false,"excerpt":"Incorporated in the year 1943, Radico Khaitan is one of the most recognised IMFL (Indian Made Foreign Liquor) brands in India. Presenting below are its Q1 FY26 earnings results. \u00a0 Q1 FY26 Earnings Results Revenue from Operations (Net): \u20b91,506 crores, up 32.4% YoY (Q1 FY25: \u20b91,136.5 crores) and up 15.5%\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Radico Khaitan Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/5-16.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/5-16.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/5-16.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/5-16.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/5-16.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/5-16.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":161140,"url":"https:\/\/alphastreet.com\/india\/radico-khaitan-ltd-q4fy24-54-rise-in-profits\/","url_meta":{"origin":177258,"position":3},"title":"Radico Khaitan Ltd Q4FY24; 54% rise in Profits","author":"Chirag Gupta","date":"May 14, 2024","format":false,"excerpt":"Incorporated in the year 1943, Radico Khaitan is one of the most recognised IMFL (Indian Made Foreign Liquor) brands in India. Financial Results: Radico Khaitan Ltd reported Revenues for Q4FY24 of \u20b91,079.00 Crores up from \u20b9832.00 Crore year on year, a rise of 29.69%. Total Expenses for Q4FY24 of \u20b91,005.00\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-102.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-102.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-102.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-102.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-102.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/05\/image-102.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142724,"url":"https:\/\/alphastreet.com\/india\/radico-khaitan-limited-q3fy23-earnings-story\/","url_meta":{"origin":177258,"position":4},"title":"Radico Khaitan Limited Q3FY23 Earnings Story","author":"Karan_Singh","date":"February 24, 2023","format":false,"excerpt":"One of the most recognisable Indian Manufactured Foreign Liquor brands is Radico Khaitan, which was founded in 1943. Formerly called as Rampur Distillery Company, the business specialised in distilling and bottling alcoholic beverages for branded players and military canteens. Later in 1997, Radico Khaitan forayed into its own line of\u2026","rel":"","context":"In "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/10\/iStock-1088445548.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":168981,"url":"https:\/\/alphastreet.com\/india\/radico-khaitan-ltd-q4fy25-60-rise-in-profits\/","url_meta":{"origin":177258,"position":5},"title":"Radico Khaitan Ltd Q4FY25; 60% rise in Profits","author":"Chirag Gupta","date":"July 1, 2025","format":false,"excerpt":"Incorporated in the year 1943, Radico Khaitan is one of the most recognised IMFL (Indian Made Foreign Liquor) brands in India. Financial Results: Radico Khaitan Ltd reported Revenues for Q4FY25 of \u20b91,304.00 Crores up from \u20b91,079.00 Crore year on year, a rise of 20.85%. Total Expenses for Q4FY25 of \u20b91,184.00\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/07\/3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177258","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/2379"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=177258"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177258\/revisions"}],"predecessor-version":[{"id":177261,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/177258\/revisions\/177261"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/125416"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=177258"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=177258"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=177258"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}