New York-born, Mexico-produced tequila Cristal Azul is targeting 1.5 lakh cases and Rs 150 crore in revenue in its first two years in India, betting on premium spirits growth
Looking ahead, Radico's management remains confident of delivering strong double-digit growth in the Prestige & Above category, enhanced profitability and a continuous focus on cash flow generation.
Allied Blenders plans to invest Rs 547 crore to strengthen backward integration, expand globally, and grow its premium and luxury portfolio, aiming for higher margins and sustainable growth
Radico Khaitan's net profit jumps 73% to Rs 139.5 crore in Q3FY26 as white spirits like vodka and gin outpace brown spirits in driving premiumisation
The Chandigarh HC stayed an injunction order against Radico Khaitan in the 'Kashmyr' trademark dispute filed by Piccadilly, allowing the company to continue business operations till the next hearing
Radico Khaitan is entering a phase of strong operating leverage, with margin expansion, healthy cash flows, and a visible path to debt reduction by FY27
Delhi government is weighing bringing premium alcohol prices at par with Gurugram and Faridabad, as fixed retail margins in the capital push buyers to neighbouring cities
Global drinks firms are banking on India's rising disposable incomes and Gen Z travellers' premium tastes to power growth of duty-free liquor sales in coming years
JM Financial Institutional Securities initiated coverage on Radico Khaitan with a 'Buy' rating and a target price of ₹3,515.
United Breweries share price was trading 1.6 per cent higher at ₹1,824.3 per share against the previous close of ₹1,795.8 on the NSE
United Spirits' revenue grew in the June quarter, driven by volume growth, but margins were hit by higher advertising and promotional costs. Brokerages see price correction as a potential opportunity.
Radico Khaitan shares hit a new high, as they rallied 6% after the company reported strong earnings for the June quarter
Allied Blenders has surged 87% from its 52-week low; while Global Spirits has rallied 37% so far in July.
Crisil forecasts 7-9% revenue growth for India's top 18 states in FY26, driven by GST, liquor sales, and Centre support, with slower growth than the 10% decadal average
The share price of this alcoholic-beverage maker has rallied 21% in the last 9 trading sessions; technical chart suggests a potential upside of another 17% from here.
The buzz wears off in a sobering 2025-26 reset marked by excise shocks, soft volumes, and thinning margins
Delhi government corporations sold about 16.96 crore liquor bottles in the first quarter of 2025-26, grossing over Rs 2,662 crore, officials said on Saturday. The figure was over 1 crore more than the number of liquor bottles sold during the same period last fiscal, they said. Delhi State Industrial Infrastructure Development Corporation (DSIIDC) recorded the highest sale of 5.29 crore bottles of different kinds of liquor from April to June, 2025. This was followed by sale of 5 crore bottles by Delhi Tourism and Transport Development Corporation (DTTDC), 3.65 crore bottles by Delhi State Civil Supplies Corporation (DSCSC) and 2.91 crore bottles by Delhi Consumer's Cooperative Wholesale Store (DCCWS), showed official figures. In the current excise policy, retail liquor sale in Delhi is carried out solely by the government through its four agencies -- DSIIDC, DTTDC, DSCSC and DCCWS -- which operate over 700 vends. In the first quarter of the last fiscal, the four corporations recor
The Chhattisgarh government on Thursday suspended 22 excise officials after they were named as accused in a chargesheet filed in the alleged liquor scam case. Speaking to PTI Videos, Chief Minister Vishnu Deo Sai said his government has a zero tolerance policy against corruption. "The truth about the scams that took place during the previous Congress government is being unearthed layer by layer. Strictest action will be taken against the culprits. No corrupt person will be spared," Sai asserted. These 22 officials comprise 12 assistant commissioners, five deputy commissioners, three district excise officers and two assistant district excise officials, a government official said. "Action was taken against them after they were named as accused in the chargesheet filed on July 7 by the state's Anti Corruption Bureau and Economic Offence Wing (ACB/EOW), he said. The EOW on July 7 filed its fourth supplementary chargesheet in the alleged liquor scam that took place during the previous
The company will focus on growing its European and South East Asian market, says Diederik Jansen
India's rice stocks in government warehouses rose 18 per cent from a year ago to a record high for the start of June, while wheat stocks have hit their highest level in four years