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Latest news about United Spirits

United Spirits Limited Achieves Higher ESG Score of 72.8 10 days ago

United Spirits Limited (USL) has improved its Environmental, Social, and Governance (ESG) score to 72.8 from 70.4, as assessed by SESES ESG Research Pvt. Ltd. This improvement coincides with significant financial growth, including an 18.40% increase in total assets to ₹12,718 crore and a 25.63% rise in current assets to ₹8,817 crore. The company's total equity grew by 13.16% to ₹7,879 crore. The enhanced ESG score, based on public disclosures, reflects USL's commitment to sustainable practices and may positively impact its reputation among stakeholders.

United Spirits to Appoint Walker Chandiok as New Statutory Auditor for Five-Year Term Nov 21, 2025

United Spirits Limited Receives Information Request from Ministry of Corporate Affairs Nov 08, 2025

United Spirits Initiates Strategic Review of Royal Challengers Sports Investment Nov 05, 2025

United Spirits Limited Closes Hyderabad Manufacturing Unit Earlier Than Expected Nov 01, 2025

More news about United Spirits

01Nov 25

United Spirits Aims to Maintain Mid-to-High Teen EBITDA Margins

United Spirits has announced its strategic financial plan, aiming to maintain EBITDA margins in the mid-to-high teens range for several years. The company is targeting bottom-line growth to outpace top-line growth, emphasizing profitability and operational efficiency over aggressive revenue expansion. This strategy suggests a focus on cost management initiatives and potential exploration of higher-margin products or markets.

30Oct 25

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

United Spirits Limited (USL) reported strong Q2 FY2025-26 results with net profit rising 84% to ₹498 crores and revenue growing 8% to ₹7,192 crores. Half-year net profit reached ₹721 crores, up from ₹622 crores last year. The company acquired Nao Spirits & Beverages for ₹49 crores in June 2025, gaining 97% ownership after an additional ₹56 crores capital infusion. USL recognized exceptional charges of ₹30 crores related to severance costs for a closed unit.

08Oct 25

United Spirits Appoints Narayan K Seshadri as New Independent Director

United Spirits has announced the appointment of Mr. Narayan K Seshadri as a Non-Executive Independent Director, effective October 9, 2025, for a three-year term. The appointment is subject to shareholder approval. This move aims to strengthen the company's corporate governance structure and bring fresh insights to the leadership team.

01Oct 25

High Court Overturns ₹443 Crore Water Fee Claims Against United Spirits

The Bombay High Court has ruled in favor of United Spirits Limited (USL), setting aside water charge demands of ₹443 crore raised by Maharashtra's Water Resources Department. The court ordered a reassessment of water charges within three months, distinguishing between raw material and process usage. USL is required to make an interim deposit of ₹66.50 crore. The company believes this ruling will not have a material financial impact.

30Sept 25

Adar Poonawalla Joins RCB Acquisition Group; United Spirits Declines Comment on Stake Sale

Adar Poonawalla, CEO of Serum Institute of India, is a key figure in the potential acquisition of Royal Challengers Bangalore (RCB) cricket franchise. RCB is targeting a valuation of $2.00 billion. United Spirits, the current owner, has not commented on the speculation. This development could set new benchmarks for cricket franchise valuations and attract more corporate interest in the sport.

25Sept 25

Karnataka's Liquor License Auction Plan: United Spirits and Restaurants Set to Benefit

Karnataka government plans to auction liquor licenses to boost state revenue. Restaurants will be allowed to participate in the auctions. This move could benefit major players like United Spirits Limited (USL) through potential market expansion and increased product demand. However, it may also lead to increased competition in the alcohol retail sector. The initiative's success could influence liquor retail policies in other Indian states.

12Sept 25

Delhi's Potential Liquor Policy Shift: United Breweries in Focus

The Delhi Government is contemplating significant changes to its liquor policy, including lowering the legal drinking age for beer from 25 to 21 years and reintroducing private liquor shops. These potential modifications aim to combat black market sales in the liquor sector. If implemented, these changes could expand the consumer base for beer products and reshape the retail landscape for alcoholic beverages in Delhi, potentially impacting major industry players like United Spirits.

19Aug 25

United Spirits Witnesses Rs. 21.40 Crore Block Trade on NSE

United Spirits Ltd. experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 163,483 shares at Rs. 1,309.30 per share, totaling Rs. 21.40 crore. This large-scale trade indicates continued interest in the company's stock among institutional investors and may influence short-term price movements and trading patterns.

05Aug 25

United Spirits Reports 9.4% Net Sales Growth in Q1 FY26, Diageo Sees Strong Performance in India

United Spirits Limited (USL), a Diageo subsidiary, reported 9.4% growth in consolidated net sales for Q1 FY26, reaching INR 3,021 crore. Standalone P&A segment grew by 9% to INR 2,251 crore, while the Popular segment increased by 13.6% to INR 250 crore. Diageo noted strong performance of brands like Black & White, Signature, and Royal Challenge in India. The company has also reopened operations in Andhra Pradesh after a five-year hiatus. Despite facing a muted demand environment, USL maintained growth momentum. The board meeting to approve Q1 FY26 results is scheduled for August 13, 2025.

04Aug 25

United Spirits Reports 9.4% Revenue Growth in Q1, Popular Segment Shines

United Spirits Limited (USL) reported consolidated net sales of INR 3,021.00 crores for Q1 FY24, a 9.4% increase from INR 2,761.00 crores in Q1 FY23. On a standalone basis, total revenue grew by 8.4% to INR 2,549.00 crores. The Prestige & Above segment grew by 9.0% to INR 2,251.00 crores, while the Popular segment showed 13.6% growth to INR 250.00 crores. The Other/NBR segment declined by 27.3% to INR 48.00 crores. USL maintained growth momentum despite challenging comparatives from the previous year and a muted demand environment. The company has scheduled a board meeting on August 13 to approve detailed unaudited Q1 results.

25Jul 25

Radico Khaitan Shares Slip as India-UK Trade Deal Cuts Scotch Import Duties

Radico Khaitan's stock fell 1.69% following the announcement of a free trade agreement between India and the UK. The FTA will reduce import duties on Scotch whisky and gin from 150% to 75% immediately, with further reductions to 40% over ten years. Other Indian liquor stocks also declined, with Tilaknagar Industries down 2.09% and United Spirits falling 0.69%. The agreement could lead to price reductions of Rs 100-300 per bottle for imported spirits, benefiting multinational brands. However, state-level pricing mechanisms and excise duties may limit the impact on consumer prices. The Brewers Association of India suggests price drops may be temporary and limited in scope.

19Jun 25

United Spirits to Fully Acquire NAO Spirits in ₹130-Crore Deal, Boosting Craft Gin Portfolio

United Spirits (USL) has announced plans to acquire 100% ownership of NAO Spirits & Beverages, maker of premium Indian craft gin brands, for ₹130 crore. The acquisition will be completed in stages, with USL's stake increasing from 30% to 97.07% initially, and is expected to conclude by June 2026. This move strengthens USL's position in the premium gin segment, giving it full control over popular craft gin brands 'Greater Than' and 'Hapusa'. The acquisition aligns with USL's strategy to expand in the growing premium gin market in India and is expected to create synergies in distribution and marketing.

11Jun 25

United Spirits Shares See Significant Block Trade on NSE

United Spirits Ltd. experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 168,378 shares at Rs. 1,520.00 per share, totaling Rs. 25.59 crores. This large-scale trade has drawn market attention, potentially signaling shifts in institutional holdings or changing sentiments about the company. The identities of the parties involved remain undisclosed. Investors and analysts are likely to monitor for any subsequent disclosures or announcements from United Spirits that might provide context to this transaction.

11Jun 25

United Spirits Faces Potential Impact as Maharashtra Hikes Liquor Excise Duty

Maharashtra's state cabinet has approved an increase in excise duty on liquor, potentially leading to higher prices for consumers. This decision is expected to impact the alcoholic beverage industry, particularly affecting companies like United Spirits. The company may face pricing pressure, changes in consumer behavior, and the need to reassess its market strategy in the state. This development adds to the regulatory challenges the industry is facing across India.

10Jun 25

Maharashtra Hikes Liquor Excise Duty, United Spirits Faces Price Pressure

Maharashtra state cabinet approves an increase in excise duty on liquor, potentially leading to higher prices for alcoholic beverages. This decision may impact United Spirits, a leading alcoholic beverage company in India, by affecting consumer demand and sales in the region. The company may need to adjust pricing strategies, consider margin implications, and adapt to changing market dynamics. The industry-wide price adjustments could also lead to shifts in consumer preferences.

10Jun 25

Diageo Refutes Speculation on Royal Challengers Bangalore Stake Sale

Diageo, the parent company of United Spirits Limited (USL), has issued a statement denying media reports about a potential sale of its stake in the Indian Premier League team Royal Challengers Bangalore (RCB). The company labeled these reports as 'purely speculative' and confirmed that it is not engaged in any discussions regarding the sale of its RCB stake. This clarification aims to address rumors and provide transparency to stakeholders and fans.

10Jun 25

United Spirits Shares Rise as Diageo Considers Selling Stake in IPL Team Royal Challengers Bengaluru

United Spirits, a Diageo subsidiary, is considering selling part or all of its stake in the IPL team Royal Challengers Bengaluru. Diageo is seeking a valuation of up to $2 billion for the team, significantly higher than previous estimates. The news has led to a 3.28% increase in United Spirits' share price. This move could allow Diageo to focus on its core beverage business and unlock value from non-core assets. The potential sale occurs amid the IPL's growing financial might and reports of possible regulatory changes regarding alcohol brand promotion in the league.

26May 25

United Spirits Sets Ambitious Innovation Targets, Maintains Working Capital Efficiency

United Spirits Ltd. aims to double its innovation contribution to Net Sales Value (NSV) from high single-digit or low double-digit to a higher range within 3-5 years. The company also plans to maintain its working capital within 16.00% to 20.00%. This dual strategy focuses on growth through innovation and maintaining financial stability through operational efficiency.

23May 25

United Spirits Anticipates Volume Growth from Potential Duty Reduction

United Spirits expects significant benefits from a potential reduction in import duties from 150% to 75%. The company anticipates high single-digit additional volume growth and a similar price reduction for consumers. These positive impacts are expected to materialize around FY27. Despite these changes, margins are projected to remain range-bound in the next couple of years.

23May 25

United Spirits Executive Highlights Potential Benefits of India-UK FTA for Whiskey Industry

An executive from United Spirits, a leading Indian alcoholic beverage company, has commented on the potential impact of the India-UK Free Trade Agreement (FTA) on the whiskey market. The FTA is expected to improve cost accessibility in the world's largest whiskey market, potentially reducing trade barriers, increasing market access, and enhancing competitiveness for both Indian and UK whiskey producers. This development could lead to more competitive pricing and increased market opportunities in both countries.

21May 25

United Spirits: Q4 Profit Soars 75% YoY to Rs 421 Crore, Margins Expand on Premiumisation

United Spirits, a leading Indian alcoholic beverage company, has reported strong Q4 financial results. Net profit surged 75% to Rs 421.00 crore, while revenue grew 2% to Rs 6,634.00 crore. EBITDA increased 38% to Rs 460.00 crore, and Net Sales Value rose 9% to Rs 3,031.00 crore. The company saw significant margin expansion, with gross margin expanding by 114 bps to 44.5% and EBITDA margin growing by 356 bps to 17.1%. United Spirits recommended a final dividend of Rs 8.00 per equity share.

20May 25

United Spirits Reports Strong Quarterly Performance, Announces ₹8 Dividend

United Spirits has released its Q4 financial results, showing significant growth. Revenue increased by 8.9% to ₹3,031.00 crore, while net profit soared by 74.7% to ₹421.00 crore. EBITDA grew by 37.7%, and operating margins improved to 15.2%. The Prestige & Above segment saw 13.2% NSV growth. For the full fiscal year, consolidated net sales rose 6.6% to ₹12,069.00 crore, with net profit up 12.4% to ₹1,582.00 crore. The board has recommended a final dividend of ₹8.00 per equity share.

19May 25

United Spirits Poised for Strong Q4 Performance, Analysts Predict

United Spirits Ltd., a leading Indian alcoholic beverage company, is expected to announce robust Q4 results. Analysts anticipate double-digit revenue growth, margin expansion, and strong performance in the Prestige & Above portfolio. Key factors driving this optimism include favorable regulatory changes, easing input costs, and strong demand in premium segments. The company's focus on premium categories is likely to yield positive outcomes, reflecting successful capitalization on the premiumization trend in the Indian alcohol market.

30Apr 25

United Spirits Appeals ₹1,337.00 Crore Loan Dispute in Karnataka High Court

United Spirits Limited has filed an appeal in the Karnataka High Court challenging a Commercial Court decision that upheld an arbitral tribunal's rejection of its ₹1,337 crore loan claim against United Breweries Ltd as premature. The dispute stems from a 2013 loan agreement with United Breweries (Holdings) Limited. United Spirits is seeking to recover the loan amount plus 9.50% annual interest. The company states it does not expect immediate financial implications from this legal action.

21Apr 25

United Spirits Poised to Benefit from Potential India-UK Free Trade Agreement

United Spirits may see improved business prospects as India and the UK near completion of a Free Trade Agreement (FTA), expected to be signed by month-end. The deal could significantly reduce duties on imported Scotch whisky, benefiting United Spirits' premium spirits segment. This may lead to reduced import costs, more competitive pricing, and expanded market opportunities for Scotch brands in India. An early harvest deal with the EU is also under consideration, potentially further reshaping the imported spirits landscape in India.

11Apr 25

United Spirits Secures Major Tax Relief, Demand Slashed by 99.8%

United Spirits Limited (USL) has received a favorable order from the Commissioner of Central Tax, Bengaluru, reducing its tax demand from ₹527.70 crore to ₹0.88 crore, a 99.8% reduction. The relief covers service tax demands, issues related to Contract Bottling Units, and CENVAT credit matters for the period from September 2004 to June 2017. Despite the significant reduction, USL plans to appeal against the remaining tax demand. The company expects no material financial implications based on its risk assessment.

02Apr 25

United Spirits Ltd Announces Rs 4 Per Share Interim Dividend for FY2025

United Spirits Ltd (USL) has announced an interim dividend of Rs 4.00 per share for FY2025, with a total payout of Rs 291.00 crore. Key dates include: Last Date to Buy Shares - April 2, 2024; Record Date - April 3, 2024; Dividend Credit Date - April 21, 2024. The company's promoters, holding over 56% stake, will receive a significant portion of the dividend. Investors must purchase shares by April 2, 2024, to be eligible for the dividend.

01Apr 25

United Spirits Sells Prime Mumbai Property for ₹172.00 Crore

United Spirits has approved the sale of a luxury residential property in Mumbai's upscale Malabar Hills area for ₹172.00 crore. The property includes a ground floor, two upper floors, and comes with furniture, fixtures, and fittings. This sale of a non-core asset could provide the company with additional liquidity and may be part of a strategy to optimize its asset portfolio and focus on core business operations in the alcoholic beverage industry.

31Mar 25

United Spirits Limited Sells Mumbai Property for ₹172 Crore

United Spirits Limited (USL) has sold a residential property in Mumbai's Malabar Hill area for ₹172.00 crore. The sale includes furniture, fixtures, and fittings. The buyers are Mr. Ajaykumar Dineshkumar Vaghani and Mrs. Manisha Ajay Vaghani, who are not related to the company's promoters or group companies. USL has disclosed the transaction details to stock exchanges in compliance with SEBI regulations, confirming it's not a related party transaction and doesn't include special rights.

27Mar 25

United Spirits Approves ₹4/Share Interim Dividend for FY25, Sets Record Date

United Spirits Ltd has approved an interim dividend of ₹4.00 per equity share for the fiscal year 2025. The record date is set for April 3, 2025, with payment to be made on or after April 21, 2025. Following the announcement, the company's stock price increased by 2.50% on the stock exchange.

25Mar 25

United Spirits Ltd Revises Record Date for Interim Dividend to April 3, 2025

United Spirits Ltd has changed the record date for its upcoming interim dividend from April 2 to April 3, 2025. The board meeting to consider the dividend remains scheduled for March 27, 2025. Eligible shareholders as of the new record date will receive the dividend if declared. This change has been communicated to stock exchanges in compliance with SEBI regulations.