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United Spirits Ltd Q1FY24; 83% rise in Profits

Diageo India incorporated in India as United Spirits Ltd.(USL) is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo PLC. The company manufactures, sells, and distributes a wide portfolio of premium brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, Royal Challenge, McDowell’s No.1, Smirnoff and Captain Morgan.

Financial Results:

United Spirits Ltd reported Revenues for Q1FY24 of ₹2,668.00 Crores up from ₹2,419.00 Crore year on year, a rise of 10.29%.

Total Expenses for Q1FY24 of ₹2,033.00 Crores down from ₹2,152.00 Crores year on year, a fall of 5.53%.

Consolidated Net Profit of ₹477.00 Crores up 82.76% from ₹261.00 Crores in the same quarter of the previous year.

The Earnings per Share is ₹6.55, up 78.96% from ₹3.66 in the same quarter of the previous year.

*It is important to note that the way the results have been accounted for are slightly different than the ones the companies may choose to publish.

*The presented data is automatically generated. It may occasionally generate incorrect information.

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