United Spirits' Q3 FY 2025-26 Quarterly Results
- 21 Jan 2026
Result Summary
- United Spirits Ltd reported a 15.1% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 6.8%.
- Its expenses for the quarter were up by 22.9% QoQ and 8.0% YoY.
- The net profit decreased 9.9% QoQ and increased 24.8% YoY.
- The earnings per share (EPS) of United Spirits Ltd stood at 5.88 during Q3 FY 2025-26.
Financial Statments for Q3 FY 2025-26
Total Income | 3745.00 | 3254.00 | 3505.00 | 15.1% | 6.8% |
Total Expenses | 3194.00 | 2599.00 | 2957.00 | 22.9% | 8.0% |
Profit Before Tax | 541.00 | 625.00 | 483.00 | -13.4% | 12.0% |
Tax | 123.00 | 160.00 | 145.00 | -23.1% | -15.2% |
Profit After Tax | 418.00 | 464.00 | 335.00 | -9.9% | 24.8% |
Earnings Per Share | 5.88 | 6.53 | 4.72 | -10.0% | 24.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
United Spirits Ltd is a leading player in the alcoholic beverages industry, primarily engaged in the production and distribution of spirits and wines. The company is known for its wide range of products, including whisky, rum, vodka, gin, and other spirits. It operates in a competitive market with a strong presence in India and has a significant export base. United Spirits Ltd is part of the global spirits conglomerate Diageo, which enhances its portfolio with access to international brands and expertise. Recent developments in the company have focused on brand consolidation and premiumization strategies to enhance profitability and market reach. However, specific details on recent initiatives or changes in the company's strategic direction are not available in the provided data.
Revenue
In the third quarter of the financial year 2026 (Q3FY26), United Spirits Ltd reported a total income of ₹3745 crores. This represents a quarter-over-quarter (QoQ) increase of 15.1% compared to ₹3254 crores in Q2FY26. The year-over-year (YoY) growth in total income is 6.8%, up from ₹3505 crores in Q3FY25. The growth in revenue indicates an upward trend in the company's income generation capability over the analyzed periods. Revenue performance can be critical for assessing the company's market presence and operational efficiency.
Profitability
In Q3FY26, United Spirits Ltd recorded a profit before tax of ₹541 crores, which marks a decline of 13.4% QoQ compared to ₹625 crores in Q2FY26. However, there was a YoY increase of 12.0% from ₹483 crores in Q3FY25. The tax expenses for the quarter amounted to ₹123 crores, reflecting a decrease of 23.1% QoQ from ₹160 crores and a YoY decrease of 15.2% from ₹145 crores. Consequently, the profit after tax for Q3FY26 was ₹418 crores, down 9.9% QoQ from ₹464 crores in Q2FY26, but up 24.8% YoY from ₹335 crores in Q3FY25. Earnings per share (EPS) for the same period was ₹5.88, compared to ₹6.53 in Q2FY26 and ₹4.72 in Q3FY25, showing a QoQ decrease of 10.0% and a YoY increase of 24.6%.
Operating Metrics
The total expenses for Q3FY26 were ₹3194 crores, which increased by 22.9% QoQ from ₹2599 crores in Q2FY26 and by 8.0% YoY from ₹2957 crores in Q3FY25. The increase in total expenses may reflect changes in operational dynamics, such as higher production costs or increased investment in marketing and distribution. The profitability metrics, including the profit before tax and profit after tax, highlight the impact of these expenses on the company's financial performance. The EPS metric provides insight into the value returned to shareholders relative to the company's earnings, reflecting performance trends over the financial period analyzed.