The Board of United Spirits at its meeting held on 04 April 2024 has approved the investment in Inspired Hospitality (Pistola) by subscribing to 3,494 Compulsory Convertible Preference Shares (CCPS) and 10 equity shares of Pistola equivalent to 15.0% of its issued and paid up share capital on a fully diluted basis for an aggregate consideration of Rs 5.65 crore.Powered by Capital Market - Live News

Net profit of United Spirits rose 63.49% to Rs 350.20 crore in the quarter ended December 2023 as against Rs 214.20 crore during the previous quarter ended December 2022. Sales rose 8.04% to Rs 3002.10 crore in the quarter ended December 2023 as against Rs 2778.70 crore during the previous quarter ended December 2022. ParticularsQuarter Ended�Dec. 2023Dec. 2022% Var. Sales3002.102778.70 8 OPM %16.2013.37 - PBDT522.10368.50 42 PBT459.30303.80 51 NP350.20214.20 63 Powered by Capital Market - Live News

United Spirits will hold a meeting of the Board of Directors of the Company on 23 January 2024.Powered by Capital Market - Live News

United Spirits announced that the Board of Directors of the Company at its meeting held on 08 November 2023, has recommended a Interim dividend of Rs.4 per share (i.e.200%), subject to the approval of the shareholders.Powered by Capital Market - Live News

Net profit of United Spirits declined 38.65% to Rs 339.30 crore in the quarter ended September 2023 as against Rs 553.10 crore during the previous quarter ended September 2022. Sales declined 1.50% to Rs 2867.40 crore in the quarter ended September 2023 as against Rs 2911.00 crore during the previous quarter ended September 2022. ParticularsQuarter Ended�Sep. 2023Sep. 2022% Var. Sales2867.402911.00 -1 OPM %16.2615.01 - PBDT480.20423.40 13 PBT414.90357.50 16 NP339.30553.10 -39 Powered by Capital Market - Live News