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What happened
Pernod Ricard India has reported a revenue of Rs 27,446 crore for FY25 and is aiming for double-digit growth in the coming years. The company attributes this ambitious target to strategies focused on premiumization and innovation. With a compound annual growth rate (CAGR) of 8% over the last five years, Pernod Ricard sees a favorable economic environment in India, characterized by rising disposable incomes and a demographic dividend. The company is introducing new brands, such as 'Xclamat!on', to meet changing consumer preferences. Despite recent challenges, including the disposal of its Imperial Blue business, Pernod Ricard remains optimistic about maintaining its leading position in the Indian alcoBev market.
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Key insights
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1
Revenue Growth: Pernod Ricard India reported Rs 27,446 crore in FY25.
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2
New Brand Launch: 'Xclamat!on' targets young consumers with premium offerings.
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Market Position: Pernod Ricard aims to retain its top position despite recent changes.
Takeaways
Pernod Ricard India's focus on premiumization and innovation positions it well for future growth in the expanding Indian alcoBev market. The company's strategies are aligned with economic trends, suggesting a positive outlook.