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Hot Pursuit News

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(24 Jul 2024, 11:18)

United Spirits spurts as Q1 PAT climbs 26% YoY to Rs 299 cr

United Spirits rallied 5.25% to Rs 1,400.05 after the spirits maker's standalone net profit jumped 25.63% to Rs 299 crore in Q1 FY25 as against Rs 238 crore posted in Q1 FY24.


Revenue from operations (excluding excise duty) stood at Rs 2,352 crore in Q1 FY25, up 8.29% from Rs 2,172 crore recorded in the same period a year ago.

The growth in the net sales was mainly driven by improved footprint & saliency of its innovation and renovation offerings and revenue growth management interventions.

The Prestige & Above segment accounted for 87.8% of net sales during the quarter, up 1.4ppts over the prior year. Prestige & above segment net sales increased 10.1% in Q1 FY25.

The Popular segment accounted for 9.4% of net sales during the first quarter, down 1.0ppt compared to the same period last year. The Popular segment net sales fell 2.4% in Q1 FY25.

Profit before tax jumped 25.94% to Rs 403 crore in Q1 FY25 as compared to Rs 320 crore recorded in...

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