Page 2 - United Spirits

USL ends growth bender with a regulatory hangover, margin pressures loom

The buzz wears off in a sobering 2025-26 reset marked by excise shocks, soft volumes, and thinning margins

NYC Mayor Adams launches reelection, slams Mamdani as having 'silver spoon'

New York Mayor Eric Adams set out Thursday to persuade sceptical voters to grant him a second term, hosting a kickoff event for his independent reelection bid after a corruption indictment, a controversial dismissal and a decision to drop out of a the Democratic primary. On the steps of City Hall, Adams rattled off his political accomplishments while punctuating his speech with barbs for the expected Democratic nominee, Zohran Mamdani, casting the young liberal as a child of privilege with no real political achievements or realistic policies. "This election is a choice between a candidate with a blue collar" and one with a "silver spoon," Adams said. "A choice between dirty fingernails and manicured nails," he added. Two days ago, progressive upstart Mamdani declared a stunning Democratic primary victory over former Gov Andrew Cuomo, the presumed favourite despite a sexual harassment scandal that forced him from office four years ago. Mamdani, a 33-year-old democratic socialist in

UBL to Radico Khaitan: Alcohol stocks decline after excise duty hike report

United Spirits and Allied Blenders led a selloff in alcohol beverage makers on reports that the Maharashtra government approved a hike in excise duty

Diageo weighs Royal Challengers Bengaluru stake sale, eyes $2 bn valuation

Diageo, through its Indian arm United Spirits, is exploring a potential sale of IPL franchise RCB amid rising regulatory pressure and soaring league valuations

United Spirits shares rise on buzz of Diageo stake sale in RCB franchise

United Spirits' parent, Diageo, has been holding discussions as it weighs possibilities, including a sale of part or all of the IPL franchise RCB

India-UK FTA: Trading strategies for Tata Motors, textiles, liquor stocks

Here's a technical outlook on 5 stocks across the auto, textiles and alcoholic beverages sector. Check stocks & strategy.

FMCG stocks gain as RBI cuts FY26 inflation est; GCPL, HUL rise up to 2%

The RBI MPC, on Wednesday, unanimously decided to cut the repo rate by 25 basis points, bringing it down to 6 per cent, from 6.25 per cent earlier.

Last chance! United Spirits shares to go ex-dividend tomorrow; details here

United Spirits has announced a payment of an interim dividend of ₹4 per equity share (face value ₹2 each) for FY25. Record date, payment date, dividend yield, dividend history - check here

United Spirits up 3% after board approves ₹4 dividend; check record date

According to the company's regulatory filing, the board approved the payment of an interim dividend of ₹4 per equity share

Defensives are back, says Nuvama; bets on Pidilite, HUL, United Breweries

Among the key themes identified in the report is the growing importance of rural markets. Nuvama expects companies with a stronger rural exposure to outpace urban-focused peers in the next 2 quarters

United Spirits Q3 results: Net profit increases 36% to Rs 473 crore

Prestige & Above segment accounted for 89.2% of net sales during the quarter, up 1.0 ppts over the prior year. Prestige & above segment net sales increased 16.1% in Q3 FY25

USL Q3 results: Net profit falls 4.3% to Rs 335 cr, revenue at Rs 7,732 cr

United Spirits Ltd on Thursday reported a 4.3 per cent decline in consolidated net profit at Rs 335 crore in the December quarter, impacted by higher expenses and severance costs related to a closed unit. The company had posted a consolidated net profit of Rs 350 crore in the corresponding quarter last fiscal, United Spirits Ltd (USL) said in a regulatory filing. Consolidated revenue from operations in the quarter under review was Rs 7,732 crore against Rs 6,962 crore in the year-ago period, it added. Total expenses during the quarter were higher at Rs 7,256 crore compared to Rs 6,555 crore a year ago. During the quarter ended December 31, 2024, the company has recognised a charge of Rs 65 crore under exceptional items, towards severance costs relating to a closed unit, USL said. USL CEO & Managing Director Hina Nagarajan said, "Amidst a moderate but sequentially improving demand environment, we have delivered a quarter in line with our aspirations buoyed by the festive season and

Q3 results today: Ultratech, HPCl, Zee among 59 to post earnings on Jan 23

Q3FY25 company results, January 23: Two Adani entities including Adani Energy Solutions and Adani Green Energy will release results for the Oct-Dec quarter today

Globus Spirits zooms 17%; Why are most liquor stocks rising in trade today?

Around the same time, among liquor stocks, United Breweries was up 4.28 per cent, Radico Khaitan was up 0.52 per cent, Som Distilleries was up 0.37 per cent

United Spirits plummets 5% after Hina Nagarajan set to step down as MD, CEO

Investors dumped the shares of United Spirits on Tuesday, after the company announced a leadership transition, with CEO Hina Nagarajan set to step down on March 31, 2025

United Spirits appoints Praveen Someshwar as CEO-designate from March 1

Someshwar has been MD and CEO of HT Media for the last five years. Before that, he had served in various positions at PepsiCo in India and in the wider Asia Pacific region for over 24 years

Policy change, seasonal uptick to drive gains for United Spirits stock

The higher revenue is on account of changed policy in Andhra Pradesh, new launches and a higher share of the premium segment in the product mix

United Spirits, Zomato: Chandan Taparia of MOFSL picks these stocks to buy

Stocks to Buy Today, Dec 18: The Zomato stock has formed a bullish piercing pattern near key support levels and is headed up

United Spirits Q2 results: Net profit marginally rises to Rs 341 crore

Alcoholic beverages maker United Spirits Ltd on Wednesday reported a marginal increase in consolidated net profit at Rs 341 crore in the second quarter ended September 30, 2024 impacted by a softer-than-expected demand environment. The company had posted a consolidated net profit of Rs 339 crore in the same quarter of the last fiscal, United Spirits Ltd said in a regulatory filing. Consolidated revenue from operations in the quarter under review stood at Rs 6,672 crore, as against Rs 6,737 crore in the year-ago period, the company said. Total expenses were lower at Rs 6,264 crore in the July-September quarter, as compared to Rs 6,362 crore in the second quarter of the previous fiscal, it added. "It is a muted quarter amidst a softer-than-expected demand environment," United Spirits CEO & Managing Director Hina Nagarajan said. She, however, said the company remains buoyant entering the festive season on the back of structural tailwinds including the reopening of the business in the

Multiple growth triggers to drive gains for United Spirits stock

Growth on top: Premiumisation and strategic pricing raise the bar for its Prestige and Above portfolio