Monika Alcobev, a premium alcohol importer and distributor, reported a 22% rise in March quarter net profit to Rs 22.32 crore, alongside 21.36% revenue growth to Rs 184.28 crore. For FY26, profit climbed 39% to Rs 32.14 crore, while total income grew 30.21% to Rs 310.36 crore. The company credited demand for premium tequila and agave spirits, Irish and Japanese whisky, gin, imported wines and liqueurs, plus strong double-digit growth across key markets including Delhi, Haryana and Maharashtra. It also expanded into Kerala and said it was largely unaffected by Middle East supply chain disruptions thanks to proactive procurement.
Diageo reported an unexpected sales jump in the latest quarter, driven by strong growth across Africa and Latin America. That momentum helped counter a slowdown in the US market, even as the company continues to face uncertainty from softer consumer spending and shifting demand patterns. Diageo said it is keeping its full-year forecast despite the mixed signals.
Your news, in seconds
Get the Beige app — every story in 60 words, updated hourly. Free on iOS & Android.
Alcohol giants including Diageo, Pernod Ricard, Radico Khaitan, and Sula Vineyards are rethinking climate risk. With global warming pressuring water supplies, some are sourcing water from the air rather than the ground. The shift highlights how major spirits and wineries are moving fast on sustainable measures to protect production and future growth.
Swipe through stories, personalise your feed, and save articles for later — all on the app.
