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United Spirits reports 14% rise in Q1 net profit

04 Aug 2011 Evaluate

United Spirits has reported unaudited results for the first quarter ended June 30, 2011.

The company’s net profit for the quarter ended June 30, 2011 surged by 13.76% at Rs 137.71 crore as compared to Rs 121.05 crore for the corresponding quarter last year. Its net sales has grown by 32.35% at Rs 1945.31 crore for the quarter under review from Rs 1469.77 crore for the same quarter last year.

The figures for the quarter ended June 30, 2011 are after giving effect to the merger of Balaji Distilleries (post transfer of the brewery division undertaking to its wholly owned subsidiary CBPL) (Balaji), while figures for the quarter ended June 30, 2010 are those of the company prior to the merger of Balaji and hence, are not comparable.

Peers
Company Name CMP
United Spirits 1370.05
United Breweries 1182.85
Radico Khaitan 4280.00
India Glycols 303.20
Allied Blenders&Dist 696.50
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