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Time of India
21-05-2025
- Business
- Time of India
United Spirits Q4 Results: Profit rises 17% on Andhra boost, premium growth
United Spirits Ltd , the country's largest listed liquor company, reported a 17.4% increase in net profit at Rs451 crore, for the quarter ending March. Net sales value grew 8.9% at Rs 3,031 crore for the quarter, on a year-on-year basis. The profit growth was attributed to commencement of operations in Andhra Pradesh after five years, and the premium category which grew at 13.2% on a quarterly basis. Profit rose to Rs 1,558 crore in FY25, from Rs 1,312 crore a year earlier, USL, controlled by Diageo Plc, said in a statement on Tuesday. Revenue from operations for the year increased to Rs 26,780 crore while volume of cases sold grew by 4%. The company that sells brands including Johnnie Walker and McDowell's, said premium volumes grew 9% during the last quarter of FY25, and accounted for 81% to its overall volume sales, while sales of popular or mass-priced products declined by 2% during the same period. 'The challenging demand environment notwithstanding, we have delivered 13.2% NSV (net sales value) growth for P&A (prestige and above) in Q4FY25 and 9.9% P&A growth for FY25, and a leveraged EBITDA growth that takes us to our medium-term guidance," said Praveen Someshwar, chief executive officer at USL. "Looking ahead, we remain focused on delivering sustained growth while creating long-term value for all our stakeholders." Gross profit for the company grew by 13.4% and gross margin was at 44.5%, which had an expansion of 115bps on a year-on-year basis.
Time of India
20-05-2025
- Business
- Time of India
United Spirits Q4 Results: Profit rises 17% on Andhra boost, premium growth
United Spirits Ltd , the country's largest listed liquor company, reported a 17.4% increase in net profit at Rs451 crore, for the quarter ending March. Net sales value grew 8.9% at Rs3,031 crore for the quarter, on a year-on-year basis. The profit growth was attributed to commencement of operations in Andhra Pradesh after five years, and the premium category which grew at 13.2% on a quarterly basis. Profit rose to Rs 1,558 crore in FY25, from Rs 1312 crore a year earlier, USL, controlled by Diageo Plc, said in a statement on Tuesday. Revenue from operations for the year increased to Rs 26,780 crore while volume of cases sold grew by 4%. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like If You Eat Ginger Everyday for 1 Month This is What Happens Tips and Tricks The company that sells brands including Johnnie Walker and McDowell's, said premium volumes grew 9% during the last quarter of FY25, and accounted for 81% to its overall volume sales, while sales of popular or mass-priced products declined by 2% during the same period. 'The challenging demand environment notwithstanding, we have delivered 13.2% NSV (net sales value) growth for P&A (prestige and above) in Q4FY25 and 9.9% P&A growth for FY25, and a leveraged EBITDA growth that takes us to our medium-term guidance," said Praveen Someshwar, chief executive officer at USL. "Looking ahead, we remain focused on delivering sustained growth while creating long-term value for all our stakeholders." Gross profit for the company grew by 13.4% and gross margin was at 44.5%, which had an expansion of 115bps on a year-on-year basis.
