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Liquor firm United Spirits Q1 posts consolidate net profit at Rs 50 crore business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.
United Spirits Q1 net profit at Rs 50 crore dtnext.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dtnext.in Daily Mail and Mail on Sunday newspapers.
Diageo-controlled liquor maker United Spirits Ltd on Friday reported a four-fold jump in consolidated net profit to Rs 203.3 crore for the fourth quarter ended March 2021, helped by double-digit growth in sales. The company had posted a net profit of Rs 49.3 crore in the January-March period a year ago, United Spirits Ltd (USL) said in a regulatory filing. Its revenue from operations was up 19.62 per cent to Rs 7,678.1 crore as against Rs 6,419 crore in the corresponding quarter of the previous fiscal. Diageo India outgoing MD and CEO Anand Kripalu said, The growth momentum has returned, and our Q4 performance was strong on both topline and EBITDA. While overall net sales grew 11.6 per cent in Q4, strong Scotch performance contributed to the double-digit growth of 25.8 per cent in Prestige & Above segment. ....