United Spirits Q3 profit up 43% on demand for premium brand1 min read . Updated: 23 Jan 2019, 10:31 PM IST
- USL’s total profit grew to ₹19.24 crore from ₹13.47 crore year-over-year during the October-December quarter
- Net sales in USL’s prestige and above segment, or premium brands, grew 16% during the quarter and 18% during the first nine months of 2018-19
BENGALURU : India’s largest liquor company United Spirits Ltd (USL) reported a 42.83% jump in total profit and a 9.27% increase in revenue during the third quarter of 2018-19, as double-digit growth rates in its premium brands continued. But the Diageo Plc-owned company warned that the general election would impact sales during the next quarter.
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