Pernod Ricard India Reports 11 Percent Revenue Growth in March Quarter

Pernod Ricard Reports 11% Revenue Growth in India for March Quarter 2026

Pernod Ricard, a leading French alcobev major, has reported an 11 per cent revenue growth in India for the March quarter of 2026. The growth is attributed to the sale of its Imperial Blue business, as well as the growing consumer demand and premiumisation in the India alcobev market.

The company, which owns popular brands such as Absolut, Chivas Regal, and Glenlivet, follows a July-June financial year. India is the largest market by volume and second-largest by value for Pernod Ricard, with its imported spirits and local brands from the Seagram's portfolio recording strong double-digit growth.

Pernod Ricard's local brands, including Blenders Pride and the newly launched "Xclamat!on" range of spirits, have also reported strong growth. The company's decision to divest its Imperial Blue business to home-grown Tilaknagar Industries has allowed it to focus on its Seagram's profile, which consists of brands including Royal Stag, Blenders Pride, 100 Pipers, Longitude 77, and the new brand 'Xclamat!on'.

According to Pernod Ricard, the Indian spirits market continues to enjoy dynamic consumer fundamentals. Globally, the company's Q3 net sales totalled 1.94 billion Euros, with an organic growth of 0.1 per cent only. In contrast, its July-March net sales totalled 7.1 million Euro with an organic decline of 4.4 per cent.

India Revenue Growth Comparison

| Quarter | Revenue Growth | | --- | --- | | March Quarter 2026 | 11% | | Q3 (Year 2025) | No data available | | Q2 (Year 2025) | No data available | | Q1 (Year 2025) | No data available |

Pernod Ricard India is the leading Indian alcobev player, with a revenue of Rs 27,446 crore in financial year 2025. The company has been growing at a high single-digit CAGR of 8 per cent since the last five years. Its year-to-date growth in the last months of financial year 2026 was at 6 per cent.