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United Spirits News

United Spirits Q1 profit jumps to Rs 261.1 crore, net sales up 15.6%

The company had posted a net profit of Rs 50.3 crore in the April-June quarter a year ago, United Spirits…

July 26, 2022 20:23 IST

Stocks to buy: Ashok Leyland, United Spirits among top picks for July, shares may rally up to 17%

Sensex and Nifty continue to remain range bound as they battle multiple headwinds.

July 1, 2022 15:08 IST

United Spirits Rating: Hold- Competitive intensity and pricing are concerns

Margins likely to be under pressure; ‘Hold’ retained given valuation comfort, with target price of Rs 845

June 21, 2022 00:30 IST

United Spirits signs sale, franchise agreements for select brands with Inbrew

The move follows a strategic review of USL’s selected popular brands announced on February 23, 2021, it said, adding, the…

May 28, 2022 06:30 IST

United Spirits Q3 profit rises 27% to Rs 291 crore, net sales up 7.6% at Rs 8,854.5 crore

The company had posted a net profit of Rs 229.9 crore in the October-December period a year ago, United Spirits…

January 25, 2022 18:44 IST

United Spirits exits liquor delivery firm Hip Bar

While cities like Mumbai and Kolkata have already allowed doorstep delivery of alcohol, it is yet to gain momentum in…

July 26, 2021 15:34 IST

Liquor stocks fall as Delhi govt hikes excise duty by 70%; United Breweries, Radico Khaitan drop up to 6%

United Breweries share price fell the most as much as 6 per cent to Rs 912, while United Spirits shares…

May 5, 2020 12:42 IST

Diageo brand contributes Rs 237 crore to United Spirits revenues

United Spirits S/L net sales were up 13% y-o-y to R22.8b (est. of R23.3 billion). Gross sales grew 11% y-o-y…

June 1, 2016 07:13 IST

United Spirits to reduce debt by up to Rs 2,000 crore in 2 yrs

Diageo-controlled liquor firm United Spirits Ltd (USL) is looking to reduce its debt by up to Rs 2,000 crore in…

May 29, 2016 14:05 IST

United Spirits Q4 net loss at Rs 8.99 crore

Liquor major United Spirits standalone net loss narrowed to Rs 8.99 crore for the fourth quarter ended March 2016, on…

May 26, 2016 23:28 IST

USL writes off Rs 566 cr related to dues from UB Group firms

Diageo-owned United Spirits Ltd today said it has written off Rs 566 crore in connection with recovery of funds that…

May 26, 2016 23:09 IST

United Spirits shares rally 8% intraday on Diageo stake hike buzz, company denies

Shares of United Spirits rallied 8 per cent intraday on reports that Diageo Plc may raise stake in the liquor…

May 3, 2016 17:19 IST

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Vijay Mallya exits USL but over 2 lakh investors still stuck in Kingfisher Airlines

In an irony of sorts, over two lakh investors are estimated to be stuck with shares of long- grounded Kingfisher…

February 28, 2016 18:26 IST

USL to pursue recovery of Rs 1,337-cr loan from UBHL

A day after Vijay Mallya, founder chairman of United Spirits Ltd (USL), struck a deal with Diageo for dropping all…

February 27, 2016 01:02 IST

United Spirits shares sure over 6% intraday after Vijay Mallya quits as chairman

United Spirits shares surged over 5 per cent in the early trade on Friday after it informed stock exchanges that…

Updated: February 26, 2016 16:21 IST

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Diageo to pay Vijay Mallya over Rs 515 crore as separation fee

Flamboyant businessman Vijay Mallya will get USD 75 million (Rs 515 crore) from Diageo as part of an “agreement” for…

February 26, 2016 09:37 IST

7 stocks that trended in today’s trade: United Spirits, NTPC, Chembond Chemicals and more

NTPC shares closed 2.41 per cent up at Rs 121.35 after state-owned Life Insurance Corporation (LIC) increased its stake in…

Updated: February 26, 2016 17:27 IST

Sensex closes 178 points up on bullish growth projections in Economic Survey 2016, Nifty50 settles at 7,030; Quick Heal down over 7%

Benchmark indices the BSE Sensex and NSE Nifty snapped a three-day losing streak on Friday on account of buying in…

Updated: February 26, 2016 16:15 IST

Vijay Mallya, other directors skip United Spirits EGM

Shareholders also raised questions on the company turning sick

January 23, 2016 00:23 IST

United Spirits Ltd gets shareholders’ nod to be guarantor for loan by arm

Crisis ridden United Spirits Ltd (USL) today said it has received shareholders’ nod to issue a guarantee to a bank…

January 11, 2016 13:06 IST

United Spirits seeks shareholders nod to report sick to BIFR

Diageo-owned United Spirits is seeking approval from its shareholders to report sick to BIFR as its accumulated losses as on…

Updated: December 30, 2015 09:59 IST

United Spirits’ networth more than halves in 4 years

Crisis-ridden United Spirits today said its networth has eroded by more than 50 per cent of its peak networth due…

December 29, 2015 20:34 IST

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Diageo pays Rs 515+ cr to Vijay Mallya as United Spirits separation fee: Top 10 key takeaways

Vijay Mallya and Diageo separation fee: Flamboyant businessman Vijay Mallya will get $75 million (Rs 515 crore) from Diageo as…

February 25, 2016 22:17 IST

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