Diageo India reported strong financial results for the second quarter of fiscal year 2026. Consolidated net sales value (NSV) reached INR 3,173 Cr, an increase of 11.6%. Reported EBITDA grew by 31.5% to INR 660 Cr. The company highlighted growth in its Prestige & Above segment and emphasized its focus on brand salience and growth during the festive season.
Financial Performance
Diageo India announced its unaudited consolidated and standalone results for Q2 FY26, demonstrating notable growth across key financial metrics. Consolidated net sales value (NSV) reached INR 3,173 Cr, a growth of 11.6% compared to the same quarter last year. Reported EBITDA stood at INR 660 Cr, up by 31.5%.
Standalone Performance Highlights
Standalone NSV was reported at INR 3,170 Cr, an increase of 11.5%. The Prestige & Above (P&A) segment accounted for 89.6% of the revenue, with a growth rate of 12.4%. Reported EBITDA for the standalone business was INR 672 Cr, marking a substantial increase of 32.5%.
Segment Performance
For the first half of FY26, the Prestige & Above segment accounted for 89.0% of net sales value. Net sales for the segment increased by 10.9%. The Popular segment net sales grew by 11.2%.
Management Commentary
Mr. Praveen Someshwar, CEO & Managing Director, stated, “We have delivered a strong quarter on topline and EBITDA growth and ended the first half in-line with our expectation while navigating the regulatory headwinds in the state of Maharashtra.” He further added, “We are excited about our commercial and marketing programs bringing our brand portfolio alive for the consumers while driving category salience and growth.”
Key Financial Data (Standalone)
Gross Profit Margin: 47.1% for Q2 FY26 compared to 45.2% in Q2 FY25.
EBITDA Margin: 21.2% for Q2 FY26, up from 17.8% in the corresponding period last year.
PAT (Profit After Tax): INR 472 Cr, significantly higher than the INR 335 Cr reported in Q2 FY25.
Basic Earnings per share (INR): 6.49 compared to 4.61 in Q2 FY25.
Source: BSE
