Carlsberg India, which is preparing for an Initial Public Offering (IPO), reported a 2.2 percent decrease in revenue, amounting to ₹8,708.8 crore for the 2026 fiscal year. Nevertheless, its profit increased by 22%, reaching ₹534.51 crore.
According to financial data obtained through the business analytics platform Tofler, the company's total revenue, including other income, decreased by 2.25 percent to ₹8,814.96 crore for the fiscal year ending in March 2026.
Previously, in the 2025 fiscal year, Carlsberg India Ltd, part of the Danish brewing giant Carlsberg Group, reported operating revenue of ₹8,906.50 crore and a profit of ₹437.94 crore.
In July 2026, the company submitted confidential documents to the capital market regulator SEBI regarding the proposed IPO and received approval on October 1, 2026. Reports indicate that the upcoming public offering could attract up to $700 million USD.
In the 2026 fiscal year, royalties paid by Carlsberg India to its parent company increased by 13.23 percent, totaling ₹90.01 crore. Meanwhile, excise duty expenses paid to governments decreased by approximately 12 percent, reaching ₹4,816.83 crore in the 2026 fiscal year compared to ₹5,468.24 crore in the previous fiscal year.
Carlsberg India's expenses for 'Marketing and Advertising' decreased by 2.24 percent to ₹69.22 crore. However, costs for 'Sales Promotion' rose by 42.62 percent, reaching ₹848.71 crore compared to ₹595.07 crore in the 2025 fiscal year.
Carlsberg India's total expenses for the 2026 fiscal year decreased by 4 percent to ₹8,090.81 crore, whereas they amounted to ₹8,426.23 crore in the fiscal year ending in March 2025.
Consequently, 100 percent of Carlsberg India Ltd is owned by South Asian Breweries Pte Ltd, based in Singapore. This company is a subsidiary of Carlsberg South Asia Pte Ltd, which acts as the holding company for Carlsberg India.

