UNITDSPR · Fast Moving Consumer Goods
United Spirits Ltd. reported revenue of ₹3,002 cr for October to December 2023, — on the year and +4.6% on the quarter.
Operating profit (EBITDA) was ₹486 cr, a margin of 16.2%, — on the year and −12 bps on the quarter.
Net profit was ₹350 cr, — on the year and +3.2% on the quarter, with earnings per share of ₹4.81.
Written from the quarterly statements. The filing read adds the balance sheet and cash flow, the auditor's review, segment results, one-off items line by line and what management said on the call.
No check fired. That is a statement about the checks below, not a verdict on the company.
Could not run on this quarter: Headline vs core profit, Exceptional items that recur, Operating margin on the year, Depreciation falling, Finance cost rising, Swing to loss or profit, Cash behind the profit, Receivables against sales, Inventory against sales, Borrowing while holding cash, Auditor's review or audit report, IPO money used as stated, Related-party transactions, Exits, postponements, restatements, Promoter pledges and allotments, Earlier promises against delivery, When the results were filed. Most need the filing read (balance sheet, cash flow, auditor, disclosures).
| Q2 FY24 | Q3 FY24 | Q4 FY24 | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2,869 cr | ₹3,002 cr | ₹2,783 cr | ₹2,761 cr | ₹2,844 cr | ₹3,433 cr | ₹2,946 cr | ₹3,021 cr | ₹3,173 cr | ₹3,691 cr | ₹3,054 cr | ₹2,708 cr |
| YoY | — | — | — | +4% | −1% | +14% | +6% | +9% | +12% | +8% | +4% | −10% |
| EBITDA margin | 16.3% | 16.2% | 12.0% | 25.8% | 17.6% | 16.5% | 17.3% | 21.1% | 20.8% | 16.6% | 19.4% | 15.8% |
| Other income, % of PBT | 16% | 11% | 26% | 5% | 12% | 1% | 25% | 10% | 8% | 5% | 34% | 40% |
| Exceptional items | — | — | — | — | — | — | — | — | — | — | — | — |
| Tax rate | 24% | 24% | 23% | 26% | 26% | 30% | 24% | 27% | 26% | 23% | 20% | 15% |
| Net profit | ₹339 cr | ₹350 cr | ₹241 cr | ₹485 cr | ₹341 cr | ₹335 cr | ₹421 cr | ₹417 cr | ₹464 cr | ₹418 cr | ₹539 cr | ₹463 cr |
| YoY | — | — | — | +2% | +1% | −4% | +75% | −14% | +36% | +25% | +28% | +11% |
| Core profit YoY | — | — | — | −3% | +8% | +16% | +80% | −17% | +41% | +9% | +7% | −36% |
| EPS | ₹4.66 | ₹4.81 | ₹3.31 | ₹6.67 | ₹4.69 | ₹4.61 | ₹5.79 | ₹5.73 | ₹6.38 | ₹5.75 | ₹7.41 | ₹6.37 |
| Flags | · | · | · | ✓ | ✓ | ✓ | ✓ | 1 | ✓ | 1 | 1 | 3 |
Each quarter is read with the same rules. Balance-sheet and cash checks run on half-year and annual quarters; filing-read checks run where a read exists.
United Spirits Ltd. reported revenue of ₹3,002 cr (— on the year) and net profit of ₹350 cr (— on the year) for October to December 2023.
None of the 2 checks that could run raised a question.
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