Vijay Mallya-owned United Spirits (USL) today posted a 31.84 per cent decline in its net profit to Rs 121.05 crore for the quarter ended June 30, 2010, over the same period last fiscal.
The company had a net profit of Rs 177.59 crore in the corresponding period in the previous fiscal, USL said in a filing to the Bombay Stock Exchange (BSE).
However, the company's total income increased by 17.59 per cent to Rs 1,469.77 crore from Rs 1,249.94 crore recorded in the corresponding quarter last financial year.
The shares of the company closed at Rs 1,391.50, down nearly 1 per cent on the BSE today.
