 "Diageo to expand captive shared services centre to 1,000 people")
Shares of India's largest alcoholic beverage company United Spirits (USL) has surged 8% to Rs 620, extending its past three days 11% gain on the BSE, after the company posted a strong 69% jumped in net profit at Rs 2.59 billion September quarter (Q2FY19). It had posted a net profit of Rs 1.53 billion in Q2FY18.
The healthy net profit growth during the quarter under review was on the back of robust sales of its premium brands. Diageo Plc-owned USL’s standalone operational revenue grew 14.7% to Rs 71.28 billion from the same quarter a year ago.
“Reported net
The healthy net profit growth during the quarter under review was on the back of robust sales of its premium brands. Diageo Plc-owned USL’s standalone operational revenue grew 14.7% to Rs 71.28 billion from the same quarter a year ago.
“Reported net
