Radico Khaitan Q2 FY27 Results: Key Dates and Q1 Gains

Board meeting scheduled for October 27

Radico Khaitan is scheduled to hold a board meeting on October 27, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026. The September quarter is the company’s Q2 FY27 reporting period. The company has also announced an earnings conference call for analysts and investors. The schedule was disclosed through a Regulation 30 intimation. Its trading window was closed from October 1 and will remain shut until 48 hours after the financial results are announced. The results will be closely tracked after a strong June-quarter performance across sales, profit and premium spirits volumes. No Q2 FY27 revenue, profit or margin figures were included in the information provided before the board meeting.

Q2 earnings day includes several listed companies

Radico Khaitan is among several companies due to report July-September quarter earnings. The list includes Bajaj Auto, Maruti Suzuki, Larsen & Toubro, Tata Steel, Mazagon Dock Shipbuilders and Steel Authority of India. Waaree Energies, ACC, JSW Infrastructure, JSW Cement, Max Financial Services and IndiaMART InterMESH are also named in the earnings calendar. Other companies include United Breweries, Piramal Pharma, Syngene International and Allied Blenders and Distillers. The broad calendar spans automobiles, engineering, metals, construction materials, consumer businesses and pharmaceuticals. For Radico Khaitan investors, the central focus will be whether the momentum seen in the Prestige & Above portfolio continued through the September quarter. The company’s board meeting is intended to provide the verified financial update for the quarter.

Q1 FY27 revenue rose to Rs 1,683.69 crore

Radico Khaitan reported consolidated revenue of Rs 1,683.69 crore in Q1 FY27. This represented year-on-year growth of 11.80% from Rs 1,506.04 crore in the June 2025 quarter. Revenue was also 11.97% higher than Rs 1,503.71 crore reported in the preceding quarter. The June-quarter numbers placed the company’s sales performance in focus ahead of the Q2 announcement. The Prestige & Above, or P&A, segment was identified as the principal growth driver. The company reported its highest-ever quarterly volume of 10 million cases in the period. Reported Q1 data also showed EBITDA of Rs 348 crore. These figures provide the latest reported financial base, while the September-quarter outcome remains subject to the board’s approval and disclosure.

Premium portfolio leads the growth mix

P&A volume increased 35.9% year-on-year to 5.2 million cases in Q1 FY27. Revenue from this segment rose 36% to Rs 970 crore. The company has linked margin expansion to a richer product mix, disciplined cost management and operational performance. Radico Khaitan’s portfolio includes Magic Moments vodka, Rampur Indian single malt, Jaisalmer craft gin and 8PM whisky. The company has stated that India’s vodka category is in a multi-year structural growth phase. It has also said it holds more than 60% market share in the vodka category. Its premiumization strategy remains relevant because the P&A business grew faster than consolidated revenue in the June quarter. Management has said it is targeting 20% EBITDA margin for the year, supported by P&A growth, while noting the potential for fluctuations in extra-neutral alcohol costs.

Profit growth and debt reduction in the June quarter

Consolidated net profit rose 75.91% year-on-year to Rs 229.60 crore in the quarter ended June 2026, compared with Rs 130.52 crore a year earlier. The reported figure is also described as approximately Rs 230 crore in the company-related material. Radico Khaitan repaid Rs 138 crore of debt in Q1 FY27. The company said it expected to become net-debt-free by Q2 FY27. This debt reduction followed an earlier reported reduction of Rs 146 crore since March 31, 2025, during Q2 FY26. The balance-sheet update is important because it accompanies investment in premium brands and category expansion. Whether the stated net-debt objective has been achieved will be clearer when the company releases the Q2 FY27 results and accompanying commentary.

Comparison with the previous September quarter

The September 2025 quarter provides a reported comparison base for the forthcoming Q2 FY27 disclosure. Revenue for that period was stated at Rs 1,494.00 crore, while profit was stated at Rs 140.00 crore. In Q2 FY26, Radico Khaitan reported total IMFL volume growth of 37.8% to 9.34 million cases. Revenue from operations for that quarter rose 33.8% to Rs 1,493.90 crore and EBITDA increased 45.4% to Rs 236.10 crore. EBITDA margin was reported at 15.8%. The Prestige & Above category recorded volume growth of 21.7% and value growth of 24% in that period. These historical numbers are comparisons rather than estimates for Q2 FY27. No verified consensus forecast for the coming quarter was provided in the source material.

Key reported financial and operating data

What investors may look for in the release

The Q2 FY27 statement will show whether premium-segment volumes and revenue maintained the pace seen in Q1. Investors will also look for any update on the company’s expectation of becoming net-debt-free by the September quarter. Commentary on the P&A portfolio will matter because it generated Rs 970 crore of revenue in Q1 FY27. The reported trend in vodka, premium spirits and luxury labels may provide further context on the product mix. Radico Khaitan has said its luxury portfolio recorded turnover of about Rs 475 crore in the prior year and that it was targeting 25% sales-value growth. The release may also include management views on input costs, including extra-neutral alcohol. However, results, margins and outlook statements should be assessed only after the company publishes its official disclosures.

Why the Q2 update matters

The scheduled disclosure comes after Radico Khaitan recorded revenue growth and materially higher profit in the June quarter. Its Q1 operating data indicated that the P&A business was expanding faster than the consolidated top line. The company’s stated debt-reduction objective adds a balance-sheet dimension to the September-quarter update. The prior-year Q2 figures also offer a clear reported base for comparison, including Rs 1,493.90 crore in revenue and Rs 236.10 crore in EBITDA. At the same time, no actual Q2 FY27 financial numbers were available in the supplied information. The October 27 board meeting and the related earnings call are therefore the next formal events for investors seeking a confirmed update. Any assessment of the company’s September-quarter performance should remain based on the results released after board approval.