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United Spirits posts net profit of Rs 178 cr in Q1

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Press Trust of India Mumbai

Vijay Mallya-controlled United Spirits today announced a net profit of Rs 177.59 crore for the first quarter ended June 30, 2009.

The liquor producing firm had a net profit of Rs 117.13 crore in the same period a year ago, United Spirits said in a filing with the Bombay Stock Exchange.

The company posted a total income of Rs 1,249.94 crore in the quarter under review whereas the same stood at Rs 1,040.60 crore for the quarter ended June 30, 2008.

The results for the quarter ended June 30, 2009, are not comparable, following the scheme of amalgamation of Shah Wallace and Company and Primo, it said.

 

Shares of the company closed at Rs 935.45, down 3.60 per cent from the previous close on the BSE.

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First Published: Jul 29 2009 | 8:19 PM IST

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