United Spirits Limited — Updates, 23-01-2025: Press Release

United Spirits Ltd. has reported a solid performance for the quarter and nine months ended December 31, 2024. Key financial highlights include a consolidated net sales value (NSV) of INR 3,433 Cr., reflecting a year-on-year growth of 14.4%. EBITDA reached INR 568 Cr., up 16.9%. The standalone NSV also showed robust growth at INR 3,432 Cr. (up 14.8%), with the Prestige & Above segment contributing significantly at 89.2% of total sales. The gross margin improved to 44.7%, thanks to effective revenue management strategies.

The company’s CEO expressed optimism regarding the short-term outlook, boosted by festive season demand and growth in Andhra Pradesh. The recent quarter saw a notable increase in the popular segment as well, driven by favorable market conditions and strategic pricing adjustments. For the nine-month period, NSV rose to INR 9,038 Cr. with EBITDA of INR 1,783 Cr. and a net profit margin of 12.8%. Overall, these results point to a positive outlook for United Spirits, highlighting resilience in consumer demand and effective operational strategies. Investors should watch closely for the ongoing developments in this key market segment.