Brands
The Glenwalk races past 1.6 lakh cases, sets sights on 2.7 lakh by March
MUMBAI: Sanjay Dutt’s Scotch label, The Glenwalk, has surged past 1.6 lakh cases in 2025 and is now targeting 2.7 lakh by March 2026, bolstering its claim as one of India’s fastest-growing whisky brands. The Scotch, owned by Cartel Bros, has already crossed 1.5 lakh cases as of November after emerging as Maharashtra’s top seller this year.
The brand’s rise marks a sharp jump from the 60,000 cases sold between April and September, a period when the global whiskey market remained unsettled by regulatory shifts and shifting consumption habits. The Glenwalk has since expanded beyond Maharashtra, building a national footprint across several states and duty-free hubs. A new range of “new-age statements” is due next year.
Living Liquidz and Mansionz founder and Cartel Bros co-founder Mokksh Sani, said the brand’s momentum “validated everything we believed about The Glenwalk: its craft, its distinct taste, and its resonance with today’s Indian consumer”. He added that robust demand put the 2.7 lakh-case target within reach.
The Glenwalk’s ascent has been reinforced by a string of awards, including a bronze medal at the London Spirits Awards 2025, gold and silver wins at ProWine, multiple honours at the London Spirits Competition and the International Wine & Spirits competition, and a gold at the Spiritz Achiever Awards.
Co-founders Mokksh Sani, Jitin Merani, Rohan Nihalani, Manish Sani and chief business officer Vishal Rajan credit the brand’s craft-first approach for its rapid rise. Co-founder and brand ambassador Sanjay Dutt said 2025 had been a “landmark year”, adding that 2026 would bring deeper consumer reach and a more ambitious push into premium Scotch.
The brand is now gearing up for its biggest phase of expansion, scaling production, widening distributor ties and pushing deeper into key national and overseas markets.
Brands
Bajaj Consumer Care FY26 profit rises to Rs 193.7 crore
Revenue climbs to Rs 1,092 crore as profit grows 49 per cent YoY
MUMBAI: Hair today, growth tomorrow Bajaj Consumer Care Limited seems to have found its shine again, posting a sharp jump in profitability even as it doubled down on brand spends and expansion. The company reported a net profit of Rs 193.7 crore for FY26, marking a strong 49 per cent rise from Rs 130.1 crore in FY25. Revenue from operations also grew to Rs 1,092.2 crore, up from Rs 942.8 crore a year earlier, signalling steady demand momentum across its portfolio.
For the March quarter, profit stood at Rs 64.1 crore, compared to Rs 31.5 crore in the corresponding period last year, while revenue rose to Rs 308.3 crore from Rs 243.5 crore.
The performance came despite a notable increase in spending. Advertising and sales promotion expenses climbed to Rs 168.3 crore in FY26, up from Rs 137.8 crore in FY25, reflecting continued investment in brand building. Other expenses also rose to Rs 151.3 crore from Rs 134.2 crore, indicating a broader push towards growth.
Operating efficiency, however, held firm. Profit before tax increased to Rs 234.8 crore in FY26 from Rs 157.7 crore a year earlier, supported by disciplined cost management across materials and inventory.
On the balance sheet, the company’s total assets expanded to Rs 959.1 crore as of March 31, 2026, compared to Rs 931.9 crore a year earlier. Other equity rose to Rs 780.3 crore, reinforcing a stronger financial base.
Cash flow from operations saw a significant uptick, reaching Rs 196.9 crore in FY26, nearly three times the Rs 67.9 crore recorded in FY25, highlighting improved working capital management.
However, the year also saw aggressive capital allocation. The company spent Rs 190.2 crore on share buybacks, contributing to a net cash outflow of Rs 196.5 crore from financing activities. Cash and cash equivalents stood at Rs 6.8 crore at the end of the year, down from Rs 25.6 crore.
Even as investments in subsidiaries and assets continued, the numbers suggest a company balancing growth ambitions with shareholder returns keeping one eye on expansion and the other on efficiency.
With margins improving and revenue steadily climbing, Bajaj Consumer Care appears to be combing through the competition with renewed confidence.
