Radico Khaitan has raised its full-year growth guidance for the premium and above (P&A) segment to over 25%, citing robust demand in the higher-end spirits category.

The Indian manufacturer, known for brands such as Magic Moments vodka, reported a solid start to fiscal year 2027, with total Indian Made Foreign Liquor (IMFL) volumes increasing 2.8% year-on-year to 10 million liters.

The company attributed the performance to continued premiumisation trends among consumers, which are driving both volume stability and value growth.

Managing Director Abhishek Khaitan highlighted that the shift toward premium products is reshaping the competitive landscape, allowing Radico Khaitan to capture market share from value-oriented competitors.

The raised guidance reflects management’s confidence in sustaining this momentum through the remainder of the fiscal year, despite broader macroeconomic uncertainties.

The company’s focus on digital-first brand development and targeted marketing campaigns has further strengthened its position in the premium segment.