United Spirits Limited (USL) reported its Q1 results, showing mixed performance. The company’s net profit for the quarter stood at ₹258 crore, down 13.7% compared to ₹299 crore in the same period last year.
Revenue, however, grew 8.4% year-on-year (YoY) to ₹2,549 crore, up from ₹2,352 crore, driven by steady demand across key markets. EBITDA declined 9.4% to ₹415 crore versus ₹458 crore in Q1 last year, while margins contracted to 16.3% from 19.5% YoY.
Praveen Someshwar, CEO & Managing Director, commenting on the Q1FY26 performance, stated, “We delivered a resilient quarter with the Prestige & Above portfolio sustaining its growth momentum while cycling a high prior year base. The quarter also marked the completion of the Nao Spirits acquisition. Looking ahead, we remain focused on our circle of control to lead the next wave of category growth through sharper portfolio, tailored consumer engagement and revenue growth management.”
In the meantime, United Spirits shares ended the day at ₹1,307, up 0.71% from the previous close. The stock opened at ₹1,300.10, hitting a high of ₹1,309 and a low of ₹1,294.50 during the session. Over the past year, United Spirits has seen a 52-week high of ₹1,700 and a low of ₹1,271.10.
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