Radico Khaitan reported a strong opening quarter for FY27, with premiumisation continuing to drive its performance. The company, known for Magic Moments vodka, said the early part of the fiscal year was supported by stronger demand for higher-value products and healthy revenue growth.
In Q1 FY27, total IMFL volumes rose 2.8% from a year earlier to 10 million cases. While the volume increase was modest, the company’s update highlighted that the mix continued to improve, reflecting a bigger contribution from premium offerings.
That momentum has prompted Radico Khaitan to raise its growth guidance for the P&A segment to more than 25%. The revised outlook suggests the company expects stronger traction from its premium portfolio as the year progresses, following significant revenue gains in the first quarter.
The latest numbers reinforce the company’s premiumisation strategy, where higher-end brands play a larger role in overall growth. With Q1 delivering both volume expansion and improved product mix, Radico Khaitan appears to be entering FY27 with confidence in its premium-led business trajectory.