* Transcript of the conference call held on 17 Nov 2025 to discuss the financial performance for Q2 and half year ended 30 Sep 2025 is released. * The company aims to achieve ₹2,200+ crore in total consumer category revenue with over 17% margins by FY29, with 25% of revenues from the Prestige & Above (P&A) category. * Regular and Others categories revenues grew 5% year-on-year to ₹444 crore with EBITDA margin steady at 17% in H1 FY26. * Prestige & Above category revenues grew by 55% year-on-year to almost ₹80 crore in H1 FY26. * Standalone revenue stood at ₹661 crore in Q2 FY26, up 4% year-on-year and ₹1,360 crore in H1 FY26, up 6% year-on-year. * EBITDA for the quarter was ₹63 crore, up 89% year-on-year, and ₹123 crore for H1 FY26, up 47% year-on-year, with margins at 9% for both periods. * The company expects UP regulations are one of the best in the industry for the liquor industry overall.
