Radio Khaitan’s ad spends up 46% YoY to Rs 15 crore; Ad spends rose 5% on QoQ basis

Radico Khaitan Limited reported a robust performance for the quarter ended September 30, 2025, driven by higher revenues and expanding margins.

A key highlight was the sharp rise in selling and distribution expenses, which increased 46.2% YoY to Rs 15.43 crore from Rs 10.55 crore, and 5% QoQ from Rs 14.69 crore.

The company’s revenue from operations stood at Rs 505.68 crore in Q2 FY26, up 29% year-on-year from Rs 390.66 crore in Q2 FY25, though down 4.8% sequentially from Rs 531.36 crore in Q1 FY26. Total income came in at Rs 505.92 crore, up 29.5% YoY.

Total expenses rose 28.4% YoY to Rs 487.27 crore, but were down 5.1% QoQ, reflecting some operational efficiency gains.

Profit before tax climbed to Rs 186.89 crore, marking a 68.3% increase YoY from Rs 111.02 crore, and a 6.7% rise QoQ over Rs 174.81 crore. Net profit stood at Rs 134.40 crore, up 66.7% YoY from Rs 80.66 crore and up 3% QoQ from Rs 130.52 crore.

Six-Month Performance: Selling and distribution expense jump 47%

For the six months ended September 30, 2025, Radico Khaitan posted a revenue from operations of Rs 1,037.03 crore, reflecting 27% growth YoY compared to Rs 817.20 crore in H1 FY25.

Total income rose to Rs 1,037.36 crore from Rs 817.46 crore a year earlier, while total expenses grew 25.7% to Rs 1,000.63 crore. Profit before tax increased sharply to Rs 361.75 crore, compared to Rs 212.76 crore in the previous year, representing a 70% rise.

 Net profit for the half year was Rs 270.08 crore, up 71% YoY from Rs 158.05 crore.

Selling and distribution expenses for the six-month period jumped to Rs 30.12 crore, marking a 46.9% YoY increase over Rs 20.51 crore, underlining Radico Khaitan’s sustained push toward strengthening its brand reach and consumer connect across markets.

Commenting on the results and performance, Dr. Lalit Khaitan, Chairman & Managing Director said: "I am pleased to report a stellar performance in Q2 FY26, reaffirming our commitment to value-led growth and resilience in a dynamic operating environment. Supported by a stable raw material scenario, our continued focus on premiumization, and operating leverage, we delivered strong operating margins while deepening consumer and market engagement. Although the global trade situation has posed short-term challenges for exports, our robust domestic portfolio underscores the inherent strength and agility of our business model. As Indian consumer aspirations evolve and regulatory reforms progress, we remain confidently positioned to accelerate the next phase of our journey i.e., driving profitable growth, enhancing cash flows, and delivering long-term value for our shareholders."

Commenting on the results and performance, Mr. Abhishek Khaitan, Managing Director said: "Our premium-first strategy continues to deliver exceptional results, reinforcing Radico Khaitan's standing as one of India's most aspirational spirits companies. Morpheus Rare Luxury Whisky continues to strengthen its position in the super-premium whisky segment with expanding consumer reach across markets, while The Spirit of Kashmyr Vodka is now available in 7 states and is rapidly scaling its footprint across key metros and premium outlets. This momentum reflects the power of our long-term brand-building investments and the trust we've earned from discerning consumers. The Indian spirits landscape is undergoing a fundamental shift towards premiumization, and Radico Khaitan is uniquely positioned to lead this transformation. With a strong innovation pipeline, expanding distribution, and consistent brand investments, we are entering the next phase of accelerated, high-quality growth, both in India and across international markets."