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United Spirits reports 38% fall in Q2 consolidated net profit

09 Nov 2023 Evaluate

United Spirits has reported results for second quarter ended September 30, 2023 (Q2FY24). 

The company has reported 37.06% fall in its net profit at Rs 341.30 crore for the quarter under review as compared to Rs 542.30 crore for the same quarter in the previous year. Total income of the company decreased by 18.25% at Rs 6772.60 crore for Q2FY24 as compared to Rs 8284.40 crore for the corresponding quarter previous year. 

On consolidated basis, the company has reported 38.05% fall in its net profit at Rs 339.30 crore for Q2FY24 as compared to Rs 547.70 crore for the same quarter in the previous year. Total income of the company decreased by 18.26% at Rs 6776.60 crore for Q2FY24 as compared to Rs 8290.30 crore for the corresponding quarter previous year.

Peers
Company Name CMP
United Spirits 1379.00
United Breweries 1243.00
Radico Khaitan 4348.40
India Glycols 280.95
Allied Blenders&Dist 626.00
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