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United Spirits surges over 9% after reporting robust Q3 numbers

Profit before tax (PBT) for Q3 December 2019 stood at Rs 314 crore, up by 8.2 per cent against Rs 290.30 crore in Q3 December 2018

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SI Reporter New Delhi
United Spirits jumped 9 per cent to Rs 629.70 on the BSE on Tuesday after the company announced robust numbers for the quarter which ended December 2019. On consolidated basis, United Spirits' net profit rose 15.3 per cent to Rs 235.30 crore in Q3 FY20 as against net profit of Rs 202.99 in the year-ago quarter. The profit was led largely by a sharp growth in sales (8 per cent) of Prestige and Above portfolio.

Profit before tax (PBT) for Q3FY20 stood at Rs 314 crore, up by 8.2 per cent against Rs 290.30 crore in the year-ago quarter. Tax expenses