Radico Khaitan Q4: Brand spends up 10%, revenue up 15% YoY

Profit after tax rose 95% year on year

by e4m Staff
Published: May 6, 2026 5:52 PM | 2 min read

Radico Khaitan reported a 10% year-on-year increase in selling and distribution expenses to Rs 1,646.27 crore in Q4 FY26, despite a 6.4% sequential decline from the previous quarter.
The company’s revenue from operations for Q4 FY26 was Rs 5,182.31 crore, reflecting a 4.5% quarter-on-quarter decrease but a 15.5% year-on-year increase.
Profit after tax for the quarter rose to Rs 179.46 crore, up 15.8% sequentially and 94.9% year-on-year, while total expenses decreased to Rs 4,955.40 crore.
For the full fiscal year FY26, selling and distribution expenses increased by 34.6%, revenue rose by 22.7%, and profit after tax jumped by 74.9%, with the company emphasizing its focus on premiumization and brand investments.

Radico Khaitan’s selling and distribution expenses, a key proxy for brand and market investments, rose 10 percent year on year to Rs 1,646.27 crore in the March quarter from Rs 1,496.43 crore, even as they declined 6.4 percent sequentially from Rs 1,758.25 crore due to a high base in the December quarter.

The company reported revenue from operations of Rs 5,182.31 crore in Q4 FY26, down 4.5 percent quarter on quarter from Rs 5,423.84 crore but up 15.5 percent year on year from Rs 4,485.43 crore.

Total income stood at Rs 5,188.12 crore compared with Rs 5,426.45 crore in Q3 and Rs 4,486.81 crore in the year-ago period.

Profit after tax came in at Rs 179.46 crore, rising 15.8 percent sequentially from Rs 154.93 crore and 94.9 percent year on year from Rs 92.07 crore.

Total expenses were at Rs 4,955.40 crore versus Rs 5,210.27 crore in the December quarter and Rs 4,365.38 crore a year ago.

For the full year FY26, selling and distribution expenses increased 34.6 percent to Rs 6,415.69 crore from Rs 4,764.98 crore in FY25, reflecting continued investments in brand building and market expansion.

Revenue from operations for the year rose 22.7 percent to Rs 20,976.39 crore compared with Rs 17,098.54 crore last year, while profit after tax jumped 74.9 percent to Rs 604.48 crore from Rs 345.61 crore in FY25.

Chairman and Managing Director Lalit Khaitan said the company closed the year on a strong note, supported by a favourable industry environment and sustained premiumisation across categories.

He noted that the Indian IMFL industry remains structurally strong, driven by rising affluence, evolving consumer preferences and increasing acceptance of premium and luxury products across both urban and emerging markets.

Khaitan said the company’s continued focus on premiumisation is delivering results, with its Prestige and Above portfolio clocking over 28 percent growth during the year, aided by a strong brand architecture, innovation-led launches and deeper consumer engagement.

He added that the strategic shift towards higher-value segments has improved the quality of the business, strengthened margins and enhanced resilience in a competitive landscape.

The company has also been investing consistently in building brands with strong recall, differentiated positioning and long-term scalability, with its premium and luxury portfolio reflecting a blend of Indian craftsmanship and contemporary appeal.

While flagging evolving geopolitical developments in West Asia as a factor to watch, Khaitan said the company’s fundamentals remain strong and it is confident of sustaining margin expansion.

He added that Radico Khaitan remains focused on disciplined growth, backed by innovation-led brand building, improving operating leverage and a stronger balance sheet, positioning it well to sustain industry-leading growth and create long-term value.