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United Spirits reports 21% fall in Q2 consolidated net profit

04 Nov 2020 Evaluate

United Spirits has reported results for second quarter ended September 30, 2020.

The company has reported 42.83% fall in its net profit of Rs 128.40 crore for the quarter under review as against net profit of Rs 224.60 crore for the same quarter in the previous year. However, total income of the company marginally increased 2.42% at Rs 7472.10 crore for Q2FY21 as compared Rs 7295.60 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported 20.66% fall in its net profit attributable to owner at Rs 129.40 crore for the quarter under review as against net profit of Rs 163.10 crore for the same quarter in the previous year. However, total income of the company marginally increased by 2.96% at Rs 7520.40 crore for Q2FY21 as compared Rs 7304.50 crore for the corresponding quarter previous year.

Peers
Company Name CMP
United Spirits 1366.75
United Breweries 1242.10
Radico Khaitan 4345.00
India Glycols 280.95
Allied Blenders&Dist 632.20
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