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Business Upturn
3 days ago
- Business
- Business Upturn
United Spirits Q1 Results: Revenue jumps 8.4% YoY to Rs 2,549 crore, net profit down 13.7% YoY
United Spirits Limited (USL) reported its Q1 results, showing mixed performance. The company's net profit for the quarter stood at ₹258 crore, down 13.7% compared to ₹299 crore in the same period last year. Revenue, however, grew 8.4% year-on-year (YoY) to ₹2,549 crore, up from ₹2,352 crore, driven by steady demand across key markets. EBITDA declined 9.4% to ₹415 crore versus ₹458 crore in Q1 last year, while margins contracted to 16.3% from 19.5% YoY. Praveen Someshwar, CEO & Managing Director, commenting on the Q1FY26 performance, stated, 'We delivered a resilient quarter with the Prestige & Above portfolio sustaining its growth momentum while cycling a high prior year base. The quarter also marked the completion of the Nao Spirits acquisition. Looking ahead, we remain focused on our circle of control to lead the next wave of category growth through sharper portfolio, tailored consumer engagement and revenue growth management.' In the meantime, United Spirits shares ended the day at ₹1,307, up 0.71% from the previous close. The stock opened at ₹1,300.10, hitting a high of ₹1,309 and a low of ₹1,294.50 during the session. Over the past year, United Spirits has seen a 52-week high of ₹1,700 and a low of ₹1,271.10. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Time of India
03-06-2025
- Business
- Time of India
United Spirits shares jump 4% after JP Morgan upgrades to ‘Overweight'; target raised to Rs 1,760
United Spirits Q4 earnings Live Events (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel Shares of United Spirits rose nearly 4% to Rs 1,609.60 on the BSE in Tuesday's trade after global brokerage JP Morgan upgraded the stock to 'Overweight' from 'Neutral' and raised its target price to Rs 1,760 from Rs 1, upgrade is driven by JP Morgan's growing confidence in United Spirits' earnings growth trajectory , backed by improved margin visibility and regulatory tailwinds. The brokerage has revised its EBITDA estimates upward by 3% for FY26 and 7% for FY27, citing a better growth outlook in the company's Prestige & Above Morgan highlighted several favourable regulatory developments that could support United Spirits' performance. These include the reopening of the Andhra Pradesh market, expansion of retail outlets in Uttar Pradesh, excise reforms in Madhya Pradesh aimed at boosting premium product salience, and the ongoing privatization of retail liquor sales in the stock declining 7% year-to-date while the Nifty has gained 4%, the brokerage believes upward revisions in earnings per share (EPS) and improved visibility on growth could help the stock outperform in the coming Spirits reported a 75% year-on-year rise in net profit to Rs 421 crore for the fourth quarter of FY25, up from Rs 241 crore in the same period last year. Revenue from operations rose 2% to Rs 6,634 crore, compared to Rs 6,511 crore a year ago. On a sequential basis, net profit increased 26% from Rs 335 crore in Q3FY25, though revenue fell 14% from Rs 7,732 for Q4FY25 stood at Rs 460 crore, up 38% year-on-year. For the full year, EBITDA rose 12% to Rs 2,243 company's net sales value (NSV) for Q4FY25 rose 9% year-on-year to Rs 3,031 crore, while full-year NSV increased 7% to Rs 12,069 crore. Underlying NSV for the quarter grew 10% to Rs 3,068 crore, and for FY25, it was up 7% at Rs 12,106 in Bengaluru, United Spirits (also known as Diageo India) operates one of the largest alcohol manufacturing footprints in India with 35 facilities. Its portfolio includes well-known brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Smirnoff, and Signature.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
