United Spirits shares jump over 5% on smart Q1 results

Stocks of United Spirits went up by over 5 per cent today after the company reported a standalone net profit of Rs 19.92 crore for the first quarter.
The stock jumped 5.19 per cent to Rs 3,778.95 at BSE.
Similarly, at the NSE shares of USL rose by 5.32 per cent to Rs 3,780.
The Diageo-controlled United Spirits yesterday reported a standalone net profit of Rs 19.92 crore for the first quarter ended June on the back of higher sales.
The company had incurred a net loss of Rs 61.83 crore in the year-ago quarter, USL had said in a BSE filing.

USL's total income on standalone basis rose 11.75 per cent to Rs 2,005.54 crore during the quarter under review, from Rs 1,794.60 crore a year earlier.
Unit volume sales during the June quarter stood at 27.3 million cases as against 27.2 million, up 2.48 per cent.