Mon, Oct 26

Carlsberg India Reports 2.2% Revenue Decline, 22% Profit Rise in FY26

Rahul VermaSource: thehindubusinessline.com

Sunday, October 25, 2026Updated 1d ago

Carlsberg India Reports 2.2% Revenue Decline, 22% Profit Rise in FY26Source: thehindubusinessline.com

Text size

Carlsberg India, part of Carlsberg Group, reported a 2.2% decline in revenue to ₹8,708.8 crore in FY26, but a 22% profit rise to ₹534.51 crore. The company filed for an initial public offering (IPO) in July 2026 and received approval in October, with a potential listing raising up to $700 million. Expenses on excise duty and sales promotion were also reported.

Rashesh Upadhyay, an advocate, was arrested by the Enforcement Directorate on October 24 at Mumbai's airport, in connection with a nationwide cyber fraud and digital arrest network suspected of money laundering. The investigation, which began in June 2025, centers on alleged cybercrime network linked to ₹28,000 crore and ₹2,900 crore transactions. Upadhyay was remanded to ED custody until October 29.

Read story

Carlsberg India Reports 2.2% Revenue Decline, 22% Profit Rise in FY26

Read next

"₹28,000 CRORE FRAUD!" Advocate Arrested At Airport In Digital Arrest Probe

More to read