Liquor United Spirits

USL Q3 results: Net profit falls 4.3% to Rs 335 cr, revenue at Rs 7,732 cr

United Spirits Ltd on Thursday reported a 4.3 per cent decline in consolidated net profit at Rs 335 crore in the December quarter, impacted by higher expenses and severance costs related to a closed unit. The company had posted a consolidated net profit of Rs 350 crore in the corresponding quarter last fiscal, United Spirits Ltd (USL) said in a regulatory filing. Consolidated revenue from operations in the quarter under review was Rs 7,732 crore against Rs 6,962 crore in the year-ago period, it added. Total expenses during the quarter were higher at Rs 7,256 crore compared to Rs 6,555 crore a year ago. During the quarter ended December 31, 2024, the company has recognised a charge of Rs 65 crore under exceptional items, towards severance costs relating to a closed unit, USL said. USL CEO & Managing Director Hina Nagarajan said, "Amidst a moderate but sequentially improving demand environment, we have delivered a quarter in line with our aspirations buoyed by the festive season and

Nuvama upgrades United Spirits to 'Buy' on stellar margin delivery in Q1

Brands such as Don Julio, Johnny Walker, RC American Pride, Godawan and McDowell X Series also performed well during the quarter.

United Spirits soars 7%; market cap touches Rs 1 trn on strong Q1 results

At 11:23 AM, with Rs 1.02 trillion market capitalisation, USL was trading 6 per cent higher at Rs 1,406.20 on the BSE, as against 0.29% decline in the BSE Sensex.

Buy & Sell: Top three picks by Anand Rathi for June 20; check levels here

After a period of consolidation within the approximate range of Rs 1,740-1680, Radico Khaitanhas successfully broken out and is sustaining above this range, indicating a strong upward movement

United Spirits seem flat, near-term demand triggers lacking for stock

Q4 performance of the country's largest liquor was better than estimates

United Spirits seem flat, near-term demand triggers lacking for stock

Q4 performance of the country's largest liquor was better than estimates

RIL, Sun Pharma, HDFC Bank, BHEL among 11 stocks to monitor on May 22

At 7:09 AM, GIFT Nifty futures indicated a modest uptick of 25 points, trading at 22,626 against Nifty futures

American spirits company Sazerac may hike John Distilleries stake to 60%

John Distilleries is the fourth largest liquor company in the country by volumes

United Spirits gets Rs 4.47 cr tax demand from Maharashtra authorities

The state tax authority has demanded Rs 1.21 crore as MVAT, including a penalty of Rs 1 lakh, and Rs 3.26 crore as CST

Alcoholic beverages exports to cross $1 bn in next few years: Report

The country's alcoholic beverages exports are expected to cross USD 1 billion in the next few years on account of increasing demand for spirits in global markets, a senior government official said on Thursday. As against the exports of USD 325 million in 2022-23, the outbound shipments from the sector touched USD 230 million during April-October this fiscal, Additional Secretary in the commerce ministry Rajesh Agrawal told reporters here. The global trade of these products is about USD 130 billion. "The demand for Indian spirits is increasing...It is expected to go beyond USD 1 billion in the next few years. Indian beverages market is growing very fast and slowly demand for these brands across the world is also picking up," Agrawal said, adding that in the forthcoming three-day Indus Food show in Greater Noida (Uttar Pradesh), there will be a wine and spirits section. Over 2,500 global buyers, 5,000 domestic buyers and 86 retail chains would be participating in the show apart from

Indian alcohol cos seek elimination of 'non-tariff barriers' in EU markets

For a beverage to be considered "whisky" in the EU, it has to be at least three years or more old. For "brandy", this time is one year

United Spirits Q2 PAT falls to Rs 339 cr, revenue declines to Rs 6,736.5 cr

Its revenue from operations was Rs 6,736.5 crore during the quarter under review. It was Rs 8,282.7 crore in the corresponding period of the previous fiscal

Policy support, volume growth: What's lifting the spirits of liquor stocks?

The change in duty structure and new tax policy of FY23 is expected to bring a much awaited relief for alcohol beverage industry. However, analysts believe barley price rise to act as a spoilsport.

United Spirits Q1 loss at Rs 246.6 cr, revenue slips 47.6% due to lockdown

Shares of United Spirits Ltd on Monday settled at Rs 590.90 apiece on the BSE, down 1.36 per cent from the previous close

Premium liquor segment may prove to be a hangover for United Spirits

Lower volumes in this segment and changing consumption pattern may pull down sales and offset gains from benign input prices and cost drive

USL acquires 26% stake in payment tech startup Hip Bar for Rs 270 mn

With reduction in physical retail space, the company is tapping e-commerce route to drive sales

Liquor stocks trade lower; United Spirits down 9% post Q3 results

Radico Khaitan, Empee Distilleries, Jagatjit Industries, Globus Spirits, Som Distilleries, Associated Alcohols, Tilaknagar Industries and United Breweries were down 2% to 5% on BSE.

Liquor stocks gain; GM Breweries, Associated Alcohols soar over 10%

Som Distilleries, United Breweries, Global Spirits, IFB Agro Industries, Pincon Spirit and Empee Distilleries were up in the range of 2% to 10% on the BSE.

Liquor shares rally as United Spirits posts strong profit; stock soars 16%

Pioneer Distilleries, GM Breweries, Associate Alcohols, Radico Khaitan, United Breweries, Empee Distilleries and Global Spirits among others were up 5% to 10% on the BSE