 "Diageo to expand captive shared services centre to 1,000 people")
United Spirits has moved higher by 5.4% to Rs 2,470, extending its over 16% rally in past four trading sessions, after the company reported a good set of number at operating level for the quarter ended March 2017 (Q4FY17). The stock is trading at its highest level since October 19, 2016 on BSE.
United Spirits said its Ebitda (earnings before interest, tax, depreciation and amortization) margin improved by 739 bps to 13.1% in March quarter (Q4FY17). The margin improvement driven by increased gross profit margin, lower operating expenses and provision made in the same period last year.
The
United Spirits said its Ebitda (earnings before interest, tax, depreciation and amortization) margin improved by 739 bps to 13.1% in March quarter (Q4FY17). The margin improvement driven by increased gross profit margin, lower operating expenses and provision made in the same period last year.
The
