United Spirits Reports 84% Jump in Q2 Net Profit, Revenue Up 8%

United Spirits Limited (USL), a leading alcoholic beverage company in India, has reported strong financial results for the second quarter ended September 30, 2025. The company's performance showed significant improvement across key financial metrics, highlighting its resilience and operational efficiency in the beverage alcohol sector.

Financial Highlights

USL's financial performance for Q2 FY2025-26 showcased impressive growth:

Metric	Q2 FY2025-26	Q2 FY2024-25	YoY Growth
Net Profit	₹498.00 crores	₹271.00 crores	84.00%
Revenue from Operations	₹7,192.00 crores	₹6,671.00 crores	8.00%

Key Takeaways

Profit Surge: Net profit for the quarter rose to ₹498.00 crores, marking an 84.00% increase from ₹271.00 crores in Q2 of the previous fiscal year.
Revenue Growth: The company's revenue from operations grew by 8.00% year-over-year, reaching ₹7,192.00 crores compared to ₹6,671.00 crores in the same quarter last year.
Half-Year Performance: For the half-year period, net profit reached ₹721.00 crores versus ₹622.00 crores last year, while revenue increased 4.00% to ₹13,015.00 crores from ₹12,500.00 crores.
Beverage Alcohol Segment: This segment generated ₹5,722.00 crores in revenue for the half-year, up from ₹5,195.00 crores previously.

Strategic Developments

Acquisition: United Spirits acquired Nao Spirits & Beverages for ₹49.00 crores in June 2025, gaining 97.00% ownership after an additional capital infusion of ₹56.00 crores.
Exceptional Charges: The company recognized exceptional charges of ₹30.00 crores related to severance costs for a closed unit.

Outlook

The strong Q2 results position United Spirits well for the remainder of the fiscal year. The company's ability to grow revenue while substantially improving profitability metrics suggests a positive outlook. However, it's important to note that future performance may be influenced by various factors including market dynamics, regulatory environment, and overall economic conditions.

Investors and market observers will likely keep a close watch on how United Spirits maintains this growth momentum in the coming quarters, especially in light of evolving consumer trends and potential challenges in the alcoholic beverage industry.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.37%	-0.20%	-0.64%	-1.47%	-9.12%	+149.78%

United Spirits has successfully completed the shareholder approval process for the appointment of Mr. Narayan K Seshadri as Non-Executive Independent Director. The postal ballot results, announced on December 22, 2025, show overwhelming shareholder support for the appointment with the company filing official results with BSE and NSE.

Postal Ballot Results

The remote e-voting process concluded on December 20, 2025, with shareholders demonstrating strong confidence in the board's decision. The voting results were scrutinized by Mr. Sudhir V. Hulyalkar, Company Secretary in Practice, who submitted his report on December 22, 2025.

Voting Details:	Results
Total Shareholders Voted:	1,494
Votes in Favor:	59,25,41,754 (97.89%)
Votes Against:	1,27,86,538 (2.11%)
Invalid Votes:	5,000
Total Valid Votes:	60,53,28,292

Director Appointment Details

With shareholder approval now secured, Mr. Seshadri's appointment as Independent Director has been formalized with the following terms:

Appointment Terms:	Details
Director Name:	Mr. Narayan K Seshadri
DIN:	00053563
Position:	Non-Executive Independent Director
Effective Date:	October 9, 2025
Term Duration:	Three consecutive years (until October 8, 2028)
Rotation Liability:	Not liable to retire by rotation

Regulatory Compliance and Filing

The company has filed the postal ballot results with both BSE Limited (Scrip Code: 532432) and National Stock Exchange of India Limited (Scrip Code: UNITDSPR) under Regulation 44 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The appointment process adhered to all regulatory requirements under the Companies Act, 2013.

The postal ballot notice was distributed electronically to eligible shareholders, with voting conducted exclusively through the CDSL e-voting platform. The voting period commenced on November 21, 2025, and concluded on December 20, 2025, with shareholders whose names appeared in the Register of Members as of November 7, 2025 (cut-off date) entitled to participate.

Corporate Governance Enhancement

This appointment strengthens United Spirits' corporate governance framework by bringing independent oversight to the board. The resolution was passed in accordance with provisions of sections 149, 150 and 152 of the Companies Act, 2013, and SEBI LODR Regulations.

The overwhelming shareholder support, with nearly 98% approval from 1,267 shareholders voting in favor, reflects confidence in the board's strategic direction and Mr. Seshadri's potential contribution to the company's growth trajectory. The voting results and scrutinizer's report have been uploaded on the company's website and CDSL's e-voting platform for transparency.