Piccadily profit surges 32% in Q1FY26

Piccadily Agro Industries Ltd. has reported an increase of 32.7 percent in consolidated profit of ₹18.5 crore during the June quarter of FY26, led by a strong performance driven by its distillery segment and volume gains by its Indian Made Foreign Liquor brands. It had reported a profit after tax of ₹13.9 crore in the April-June period a year ago, according to a regulatory filing from the company.

Piccadily Agro Industries' revenue from operations was up 9.9 percent to ₹229 crore during the quarter under review. It was ₹208.4 crore a year earlier.

Revenue of Piccadilly’s 'Distillery' business, including IMFL, grew 36.6 percent to ₹162.8 crore. This was at ₹119.23 crore in the corresponding quarter. The company, which operates in two business segments, distillery and sugar, reported an 8.18 percent increase in total expenses to ₹204.8 crore in the quarter.

"IMFL volumes surged 38.6 percent YoY, reflecting continued demand momentum for the company's premium portfolio," the company said in a statement.