United Spirits posts flat earnings in Sept quarter amid muted demand
The Diageo-controlled liquor maker reported PAT of ₹335 crore, down 1.75% YoY; net sales dropped by 0.8% to ₹2,843 crore in Q2 FY25.
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United Spirits shares hit all-time high as investors cheer Q1 results
The alcoholic beverages company announced acquisition of stake in two companies - V9 Beverages and Indie Brews and Spirits.
United Spirits stock tanks 5% as Q3 profit falls
The Diageo-owned company's stock fell 5.6% to ₹770 apiece on the National Stock Exchange (NSE).
India’s largest liquor firm gets its first woman CEO
Hina Nagarajan has been named as the new MD and CEO of United Spirits Limited; she will join on April 1, 2021 as CEO-designate. But she isn't the first in the spirits industry.
Mallya’s appeal against extradition shot down
Vijay Mallya’s extradition to India is now in the hands of the U.K. government. The former liquor baron is wanted for fraud and money laundering amounting to ₹9,000 crore.
