United Spirits

United Spirits Q2 results: Net profit marginally rises to Rs 341 crore

Alcoholic beverages maker United Spirits Ltd on Wednesday reported a marginal increase in consolidated net profit at Rs 341 crore in the second quarter ended September 30, 2024 impacted by a softer-than-expected demand environment. The company had posted a consolidated net profit of Rs 339 crore in the same quarter of the last fiscal, United Spirits Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 6,672 crore, as against Rs 6,737 crore in the year-ago period, the company said. Total expenses were lower at Rs 6,264 crore in the July-September quarter, as compared to Rs 6,362 crore in the second quarter of the previous fiscal, it added. "It is a muted quarter amidst a softer-than-expected demand environment," United Spirits CEO & Managing Director Hina Nagarajan said. She, however, said the company remains buoyant entering the festive season on the back of structural tailwinds including the reopening of the business in the

Multiple growth triggers to drive gains for United Spirits stock

Growth on top: Premiumisation and strategic pricing raise the bar for its Prestige and Above portfolio

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.

United Spirits Q1 results: Net profit increases 1.7% to Rs 485 crore

The company had posted a consolidated net profit of Rs 477 crore in the year-ago period, United Spirits Ltd (USL) said in a regulatory filing

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Near term demand triggers lacking for liquor major United Spirits

Long-term prospects promising, but there are no immediate triggers

Alcoholic beverages shares in demand; Tilaknagar up 14%; USL hits new high

Globally, India is set to become the fifth-largest contributor to the AlcoBev market's revenues in the near to medium term.

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

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

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United Spirits Q4 results: Net profit rises over two-fold to Rs 241 crore

The company had posted a net profit of Rs 102 crore in the year-ago period, United Spirits Ltd (USL) said in a regulatory filing

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United Spirits stock hits new high, jumps 4% on hopes of healthy Q4 results

The premiumization trends in the liquor category (post COVID) continued to drive the Prestige & Above (P&A) portfolio.

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

United Spirits profit climbs on premium liquor demand in third quarter

A greater number of affluent Indians are choosing more expensive cars and consuming pricier food and liquor, unaffected by inflation

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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

United Spirits rallies 7%; hits record high on healthy Q1 performance

In Q1FY24, the company's EBITDA jumped 84 per cent YoY to Rs 385 crore, margins expanded 638 bps to 17.7 per cent.