UNITDSPRNSEUnited Spirits LimitedHighNeutral
Announced Thu, 14 May · 18:17 IST

United Spirits Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Exceptional ItemEbitda Margin ExpansionResults View source PDF

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AI summary

United Spirits Limited reported standalone revenue of ₹27,781 crore for FY2026, up 3.7% from ₹26,780 crore in FY2025. Profit after tax grew 17.5% to ₹1,830 crore versus ₹1,558 crore in the prior year. The auditors issued an unmodified (clean) opinion on the financial statements. The company also disclosed that its sports segment (Royal Challengers Sports Private Limited) is now classified as discontinued operations with assets held for sale of ₹701 crore. Finance costs nearly doubled year-on-year to ₹158 crore. Cash and cash equivalents declined from ₹1,150 crore to ₹855 crore on standalone basis. The company paid higher dividends of ₹1,263 crore compared to ₹350 crore in FY2025.

Likely market impact

Solid profit growth driven by the core beverage alcohol business, though revenue growth remains modest at under 4%. The sports segment exit and higher finance costs merit monitoring. The clean audit opinion is positive for investor confidence.