Statement of Investor Complaint under Reg. 13(3) of SEBI (LODR) Regulations, 2015 for Quarter ended June 30, 2016
United Spirits Ltd has informed BSE regarding Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended June 30, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statement on Impact of Audit Qualifications for the period ended March 31, 2016
United Spirits Ltd has submitted to BSE a copy of Standalone & Consolidated Statement on Impact of Audit Qualifications for the period ended March 31, 2016. India one of Diageo's focus areas for global growth: CEO Ivan Menezes
MUMBAI: Diageo Plc, the world's largest spirits company, has picked India as one of its three focus areas that will drive growth in fiscal 2017. The maker of Johnnie Walker Scotch and Smirnoff vodka said a stepped-up focus on US spirits, scotch and India, will lead to a further improvement in performance. Diageo's confidence that focus on these three can boost performance underpins the guidance it has given for mid-single digit top line growth and 100 bps of margin improvement for the three years ending fiscal 2019. "Our third area of focus for fiscal '17 is India where consumer dynamics are fuelling premiumisation. In fact, we view the market as three Indias with consumers across all income levels on a journey through our brands," Ivan Menezes, chief executive at Diageo, said on Thursday during an investor presentation. Brands of United Spirits that Diageo acquired three years ago now account for almost 40 per cent of the parent's sales volume and 9 per cent of net sales. "India is nearly a tenth of our sales. Category growth is strong and USL is now a business in good shape to grow share," Menezes said. India is among the most important top-line growth drivers for both Diageo and French beverages rival Pernod Ricard, contributing 25-35 per cent of total growth for these firms in the next three years. Pernod Ricard's portfolio is exclusively focused on the more profitable premium Indian whiskies, dominating the segment with about 48 per cent market share. USL has historically been incentivised on volume growth...
United Spirits to stop manufacturing operations in Bihar due to alcohol ban
United Spirits said that in the 2015-16 fiscal, Bihar contributed about Rs100 crore or 1% to the company's total revenue
United Spirits reports four-fold rise in Q1 profit to Rs44 crore
Net sales of United Spirits, controlled by world's largest liquor company Diageo, rose 9.66% to Rs2,027 crore in the June quarter Announces Q1 (Standalone) results, Limited Review Report (Standalone) & Results Press Release for the Quarter ended June 30, 2016
United Spirits Ltd has announced the following Unaudited Standalone results for the quarter ended June 30, 2016:The Company has posted a net profit of Rs. 438.00 million for the quarter ended June 30, 2016 as compared to Rs. 116.10 million for the quarter ended June 30, 2015. Total Income has increased from Rs. 18807.20 million for the quarter ended June 30, 2015 to Rs. 20619.00 million for the quarter ended June 30, 2016. Shareholding for the Period Ended June 30, 2016
United Spirits Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30, 2016. For more details, kindly Click here ED probing: Rs 900 crore forex violations' by Vijay Mallya
USL management is said to have sought a dialogue with Mallya on the subject over the past three months but has been rebuffed.
United Spirits undertakes organisational review
United Spirits says any savings that occur from the changes will be re-invested in growth opportunities for the business and brands Scrutinizer Report of AGM
United Spirits Ltd has submitted to BSE a copy of Scrutinizer Report of Annual General Meeting (AGM) of the Company held on July 14, 2016.