Allied Blenders Q2 Results | Net profit jumps 35% to ₹64 crore on strong premiumisation, margin gains

Home-grown spirits maker Allied Blenders and Distillers Ltd on Tuesday (November 4) reported a 35.4% year-on-year increase in net profit to ₹64.3 crore for the quarter ended September 2025, compared with ₹47.5 crore in the same period last year.

Revenue from operations grew 14% year-on-year to ₹990 crore from ₹868 crore in Q2FY25. Earnings before interest, tax, depreciation, and amortisation (EBITDA) rose 22.3% year-on-year to ₹126 crore from ₹103 crore in the same period last year. The company’s EBITDA margin improved to 6.4% from 5% in Q2FY25.

The company recorded strong performance in its Prestige & Above (P&A) portfolio during the September 2025 quarter, supported by rising premiumisation and steady demand for its core brands. The company delivered

9.0 million cases in Q2FY26, up 8.4% year-on-year from 8.3 million cases in Q2FY25, driven by growth across regions and sustained consumer demand.

The P&A segment continued to strengthen, with volume salience rising to 47.1% in Q2FY26 compared to 46.2% in Q1FY26 and 39.7% in Q2FY25. Value salience also improved to 56.9%, up from 55.8% in Q1FY26 and 49.0% in Q2FY25, reflecting the company’s focused push toward higher-value products.

In September 2025, ABD commissioned its ₹115 crore PET bottle manufacturing unit in Rangapur, Telangana, with an annual capacity of over 600 million bottles. The facility is part of ABD’s ₹525 crore backward integration programme aimed at enhancing operational efficiency and improving gross margins by around 300 basis points by FY28.

During the quarter, ABD Maestro, the company’s super-premium and luxury spirits subsidiary, expanded its presence into duty-free travel retail. The brand launched its offerings at Bengaluru and Delhi International Airports, giving travellers access to its premium product range at two of India’s busiest gateways.

Alok Gupta, Managing Director of ABD, stated, "This quarter marks our 5th consecutive quarter of strong performance post listing with consistent improvement in premiumization of portfolio and margin enhancement. The PET bottle manufacturing unit, which has been commissioned within stated timelines in Q2FY26, validates our project execution capabilities and is now EBITDA accretive.

At the backdrop of strong H1FY26 performance and a buoyant festive season in Q3FY26, we expect the profitable growth momentum to continue in H2FY26. We remain committed to enhancing offerings with a comprehensive luxury portfolio to meet evolving consumer needs and deliver long-term value to all our stakeholders."

Shares of Allied Blenders and Distillers Ltd ended at ₹672.85, down by ₹10.65, or 1.56%, on the BSE.