USL Q3 Outcomes: United Spirits Ltd on Thursday reported a 4.3 per cent decline in consolidated internet revenue at Rs 335 crore within the December quarter, impacted by larger bills and severance prices associated to a closed unit.
The corporate had posted a consolidated internet revenue of Rs 350 crore within the corresponding quarter final fiscal, United Spirits Ltd (USL) mentioned in a regulatory submitting.
Consolidated income from operations within the quarter beneath overview was Rs 7,732 crore towards Rs 6,962 crore within the year-ago interval, it added.
Complete bills through the quarter have been larger at Rs 7,256 crore in comparison with Rs 6,555 crore a 12 months in the past.
Throughout the quarter ended December 31, 2024, the corporate has recognised a cost of Rs 65 crore beneath distinctive objects, in direction of severance prices regarding a closed unit, USL mentioned.
USL CEO & Managing Director Hina Nagarajan mentioned, “Amidst a reasonable however sequentially bettering demand surroundings, we have now delivered 1 / 4 consistent with our aspirations buoyed by the festive season and quick scale-up within the state of Andhra Pradesh.” On the outlook, she mentioned, “Trying forward, we stay cautiously optimistic within the short-term whereas remaining dedicated to the long-term potential of the India shopper story.”
