United Spirits Q1 profit jumps 52% to ₹391 crore, beating estimates
Diageo-controlled United Spirits reported 6% year-on-year revenue growth to ₹2,703 crore in Q1. EBITDA rose 4.1% to ₹432 crore, while margin remained flat at 16%.
Diageo-controlled United Spirits reported Q1 net profit of ₹391 crore, up 51.6% year-on-year and above estimates, supported by 6% revenue growth to ₹2,703 crore. EBITDA rose 4.1% to ₹432 crore while margin remained flat at 16%.
Why this matters
The earnings follow United Spirits' efforts to protect margins amid Maharashtra excise changes and MML competition, while recent signals point to Gen Z-led premiumisation in India's spirits market.
Retail-company signals are accelerating, up +1,010,900% QoQ.