Diageo-controlled United Spirits Ltd (USL) today reported a standalone net profit of Rs 211 crore for the fourth quarter ended March 2018 helped by an overall net sales growth.
The company had posted a net loss of Rs 104.2 crore in the January-March period a year-ago, USL said in a regulatory filing.
Its total income during the quarter under review was up 7.96 per cent to Rs 7,021.4 crore as against Rs 6,503.7 crore in the corresponding quarter of the previous fiscal.
USL CEO Anand Kripalu said, "Underlying net sales growth during the quarter was 9 per cent largely driven by a strong performance of our prestige and above segment whose underlying net sales were up 14 per cent."
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