United Spirits Q1 profit slips 14 pc to ₹417 cr; revenue at ₹6,295 cr

New Delhi, August 13 (PTI) Diageo controlled liquor manufacturer United Spirits Ltd on Wednesday, consolidated net profit of a 14 percent decreased. La26 417 Crore for the June quarter of the financial year.

The company made a clear profit LaA year ago, 485 Crore, according to a regulatory file from United Spirits LTD (USL).

Marginal income from operations La6,295 crore in the quarter of the examination. Happened La6,238 crore in the corresponding period of the previous financial period.

Total costs of USL La5.776 Crore increased by 2.79 percent in June quarter.

In June quarter “Favök La644 Crore, largely one -time indirect tax item effect and independent at work due to a relatively higher A&P decreased 9.7 percent, ”he said.

In June quarter, USL’s income from the ‘drink alcohol’ segment increased by 8.37 percent La2,549 Crore.

With the RCB team for IPL and WPL, the Royal Challengers Sports Private Ltd (RCSPL) has a growth of 15.73 percent in revenue. La478 Crore in June quarter.

During the quarter, the USL’s consolidated net sales value (NSV) increased by 9.4 percent La3.021 Crore.

“This was due to a growth of 8.4 percent in independent business, and 15.7 percent reported the growth of sports business hosted in RCSPL 100 percent.” He said.

The prestige and the segment on it constituted 88.3 percent of net sales in the first quarter.

The popular segment made up 9.8 percent of net sales in the first quarter. He said popular segment net sales grew by 13.6 percent.

Total USL income, which owns brands such as McDowell’s, Royal Challenge, Signature, Johnnie Walker and Black Dog La6,367 crore increases by 1.5 percent.

“We delivered a high -year base to the prestige and a flexible quarter on the portfolio, which maintains its growth momentum.

“When we look forward, we continue to focus on the control circle to lead the next category growth wave through a sharper portfolio, private consumer participation and income growth management,” Praveen Somshwar, General Manager and CEO of Praveen Somshwar. He said.

United Spirits Ltd shares settled LaOn Wednesday, 1,306.80 at BSE increased by 0.71 percent from the previous closing.