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Informist, Wednesday, Jul. 22, 2026

 

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--United Spirits Apr-Jun net profit INR 3.91 bln 
--Analysts saw United Spirits Apr-Jun net profit at INR 3.41 bln 
--United Spirits Apr-Jun revenue INR 61.13 bln 
--Analysts saw United Spirits Apr-Jun revenue at INR 26.91 bln 
--United Spirits Apr-Jun net profit INR 3.91 bln vs INR 2.58 bln year ago 
--United Spirits Apr-Jun revenue INR 61.13 bln vs INR 58.23 bln year ago 
--United Spirits Apr-Jun net revenue INR 27.03 bln vs INR 25.49 bln year ago 
--United Spirits Apr-Jun net profit includes one-time cost INR 810 mln 

--United Spirits Apr-Jun EBITDA INR 4.32 bln vs INR 4.15 bln year ago 

--United Spirits Apr-Jun EBITDA margin 16.0% vs 16.3% year ago 

--United Spirits Apr-Jun gross profit margin 46.1% vs 44.0% year ago 

--United Spirits Apr-Jun sales volume 14.47 mln cases vs 14.98 mln year ago 

--United Spirits Apr-Jun sales volume down 3.4% on year 

--United Spirits Q1 Prestige & Above pdt sales 12.40 mln cases, dn 1.3% YoY 

--United Spirits Q1 popular segment sales 2.07 mln cases, down 14.1% on year 

--United Spirits Q1 Prestige & Above pdt net sales INR 24.78 bln, up 10% YoY 

--United Spirits Q1 popular segment net sales INR 2.06 bln, down 17.5% on yr 

--United Spirits MD: Confident of improving growth as the year progress 

--United Spirits Q1 popular pdt sales hit due to policy changes in Maharashtra 

--United Spirits Q1 popular pdt sales hit due to policy changes in Karnataka 

 

By Shakshi Jain

 

NEW DELHI – Alcoholic beverages maker United Spirits Ltd. on Wednesday reported a sharp year-on-year jump in net profit for the June quarter as total expenses grew at a slower pace than net revenue. A marginal decline in input costs, the company's largest expense item, helped contain the rise in expenses during the quarter.

 

The sharp rise in the bottom line came despite a one-time employee severance cost. Both the bottom line and the top line surpassed the Street's expectations by comfortable margins.

 

The company's year-on-year net profit growth in the June quarter was the fastest in four quarters, while revenue growth improved from the preceding quarter. In the year-ago quarter, the company had reported a double-digit year-on-year decline in net profit.

 

United Spirits' standalone net profit for the reporting quarter rose nearly 52% on year but fell almost 32% sequentially to INR 3.91 billion. Analysts had pegged the company's bottom line for the quarter at INR 3.41 billion.

 

The bottom line for the quarter was impacted by an aggregate one-time cost of INR 810 million incurred towards employee severance costs. "Pursuant to a Supply Agility Programme announced during the year ended March 31, 2023, the company has recognised a charge of 26 crores (INR 260 million) under exceptional items, towards severance costs relating to a closed unit...," the company said in the notes to the statements of financial results for the quarter. It listed another such charge worth INR 550 million for the quarter.

 

The Bengaluru-based firm's net revenue from operations, which excludes excise duty, rose 6% on year to INR 27.03 billion for the three months. Sequentially, the metric was down over 11%. Analysts had expected a top line of INR 26.91 billion for the quarter. 

 

Overall, the company's revenue from operations grew about 5% on-year and fell nearly 11% sequentially to INR 61.13 billion for the quarter.

 

Revenues of the company rose year-on-year despite a 3.4?ll in liquor volume sold during the quarter. United Spirits sold 14.47 million cases in Apr-Jun compared with 14.98 million cases in the year-ago quarter. Of this, the company sold 12.40 million cases in the Prestige & Above segment, down 1.3% on year, and 2.07 million cases in the popular segment, down 14.1% on year.

 

However, net sales contribution from the Prestige & Above category rose 10.1% on year to INR 24.78 billion for the June quarter. Revenues from the smaller popular segment, on the other hand, fell 17.5% on year to INR 2.06 billion for the quarter. 

 

Realisations in the popular products segment were adversely affected by policy changes in Karnataka and Maharashtra, the company said in a press release.

 

"We have commenced fiscal 2027 on a strong note with double-digit growth in the Prestige & Above segment. Our consumer-centric interventions give us confidence to increase growth further as the year progresses," Managing Director and Chief Executive Officer Praveen Someshwar said in the release. 

 

The Indian division of the global alcoholic beverage company Diageo Plc. reported standalone earnings before interest, tax, depreciation, and amortisation of INR 4.32 billion for the June quarter, up from INR 4.15 billion a year ago. However, the EBITDA margin for the quarter contracted by 30 basis points year-on-year to 16%. United Spirits' gross profit margin expanded by 210 bps on year in the June quarter to 46.1%. 

 

Wednesday, the company's shares ended 1.0% higher at INR 1,404.20 on the National Stock Exchange. The company 

detailed its results after market hours.  End

 

Edited by Saji George Titus

 

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