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Business & Stocks Business Standard • Oct 15, 2026

Pernod Ricard INDIA September Quarter Sales Grow 19% Amid IPO Preparations and Strong Demand

💡 Key Takeaways

•Pernod Ricard India registered 19% YoY sales growth for the September quarter of FY2027.
•Growth was propelled by strong consumer demand, premiumisation, portfolio-wide pipeline filling linked to IPO preparations, and double-digit spikes in both imported brands (Jameson, Absolut, Ballantine's) and local whiskies (Royal Stag, Blenders Pride).
•The proposed India IPO remains under active discussion and awaits formal board approval.

NEW DELHI [NCRBuzz Wire] — ### Pernod Ricard India Reports 19% Sales Growth in September Quarter

NEW DELHI [NCRBuzz Wire] — French spirits maker Pernod Ricard has reported a 19 per cent sales growth in India for the September quarter of financial year 2027. The strong performance in the Indian market—its second largest globally after the United States—was driven by sustained consumer demand and ongoing premiumisation across its product portfolio.

### Portfolio Performance and IPO Preparations

According to the company's earnings statement, growth was broad-based, featuring very strong double-digit growth in imported brands such as Jameson, Absolut, and Ballantine's, alongside robust double-digit growth from Seagram's whiskies including Royal Stag and Blenders Pride. Furthermore, Pernod Ricard noted that preparatory steps undertaken for a potential initial public offering (IPO) in India resulted in a favorable pipeline-filling effect.

### Board Approval Awaited for Public Listing

While market enthusiasm remains high due to dynamic consumer fundamentals in the Indian spirits sector, the company clarified that the proposed IPO in the country remains under active discussion and continues to await formal board approval. Pernod Ricard operates on a fiscal calendar running from July 1 to June 30.

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🏛️ Background Context

Pernod Ricard follows a fiscal calendar running from July 1 to June 30, with India serving as its second-largest global market after the United States. The Indian spirits market has sustained double-digit expansion driven by rising disposable incomes, urbanization, and growing consumer preference for premium domestic and foreign liquor labels.

💡 Citizen & Commuter Quick Explainer (FAQ)

Q1: What was the sales growth percentage for Pernod Ricard India in the September quarter?

Pernod Ricard India reported a 19 per cent sales growth YoY for the September quarter of financial year 2027.

Q2: What is the current status of the proposed Pernod Ricard India IPO?

The proposed initial public offering (IPO) in India remains under active discussion and is currently awaiting final board approval.

Q3: Which brands drove the double-digit sales expansion in the India market?

Growth was led by imported spirits including Jameson, Absolut, and Ballantine's, alongside Seagram's whiskies Royal Stag and Blenders Pride.

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