UNITED SPIRITS LTD. - 532432 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
Intimation regarding completion of further investment in Nao Spirits & Beverages Private Limited25-07-2023
25-07-2023
Buy United Spirits; target of Rs 1205: Religare Retail Research
Religare Retail Research is bullish on United Spirits has recommended buy rating on the stock with a target price of Rs 1205 in its research report dated July 22 2023.25-07-2023
UNITED SPIRITS LTD. - 532432 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of Loss of equity share certificate pursuant to Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.24-07-2023
UNITED SPIRITS LTD. - 532432 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Further to our intimation dated 11th July 2023 regarding investor call, the recording for the call held today is available on our website.21-07-2023
UNITED SPIRITS LTD. - 532432 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of loss of equity share certificate pursuant to Regulation 39(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.21-07-2023
UNITED SPIRITS LTD. - 532432 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Newspaper publication- Unaudited financial results for the quarter ended 30th June 202321-07-2023
Shares of United Spirits jump 6%, hit new record high
Diageo-owned liquor firm United Spirits Ltd (USL) on Thursday, July 20, reported an 82 percent year-on-year (YoY) jump in consolidated net profit at Rs 476.7 crore for Q1FY24. In the corresponding quarter last year, the company posted a net profit of Rs 261.10 crore.21-07-2023
Q1FY24 Quarterly Result Announced for United Spirits Ltd.
Breweries & Distilleries company United Spirits announced Q1FY24 results: Consolidated Q1FY24: Net sales at Rs 2,668 crore, grew by 28.6% on rebased prior year comparators. This was led by the strong growth in the standalone business and a significant increase in revenue, driven by the Indian Premier League’s new five-year media rights cycle (2023-27). Reported EBITDA was at Rs 714 crore, growth of 129.4% on rebased prior year comparators. Profit after tax was at Rs 477 crore Standalone Q1FY24: Net sales value (NSV) at Rs 2,172 crore, with Prestige & Above saliency of 86% Reported Gross margin was 43.6%, up 139 bps versus last year Total NSV grew 17.4%, Prestige & Above NSV grew 21.2%, both on rebased prior year comparators Reported EBITDA at Rs 385 crore with margin of 17.7% Profit after tax was Rs 238 crore with net profit margin at 11.0%. Hina Nagarajan, CEO & Managing Director, commenting on the Q1FY24 performance, said: “We have commenced fiscal 2024 with a robust first quarter performance. While inflationary pressures remain, our strategy to reshape the portfolio combined with revenue growth management and focus on everyday efficiency is driving sustainable growth acroreoss the Prestige & Above segment. I am happy to share that Royal Challengers Sports Private Limited (RCSPL)’s, our wholly-owned subsidiary, has stepped up its earnings, driven by revenues from the Indian Premier League new media rights cycle. This reinforces our longer-term confidence in the Women’s Premier League. Our Sports business aligns to our core purpose of celebration and is a vital component of our consolidated portfolio. Further, we are progressing well on our Society 2030 goals through our holistic ESG focus and “Diageo in Society” initiatives. Looking ahead, our priority is to maintain the growth momentum and to deliver long-term value to all our stakeholders.” Result PDF20-07-2023
UNITED SPIRITS LTD. - 532432 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
We are enclosing press release issued by the Company in connection with results for the quarter ended 30th June 202320-07-2023
UNITED SPIRITS LTD. - 532432 - Board Meeting Outcome for Outcome - Financial Results (30Th June 2023)
The board of directors of the Company at their meeting held today has inter-alia approved the unaudited financial results for the quarter ended 30th June 2023.20-07-2023