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United Spirits Q3 Profit Rises 25% to Rs 418 Crore as Premium Brands Lead Growth

Margin pressure reflected state policy changes alongside prior-year distortions.

Overview

  • Regulatory filing shows consolidated net profit at Rs 418 crore for Q3 FY26, up 24.77% year-on-year.
  • Net sales value reached Rs 3,683 crore, up 7.3%, with revenue from operations at Rs 7,942 crore and total income at Rs 7,993 crore.
  • The Prestige & Above portfolio contributed about 90% of net sales and grew 8.2%, while the Popular segment declined 4.6%.
  • Management cited an adverse policy impact in Maharashtra and the absence of last year’s Andhra Pradesh retail pipeline fill as key drags on comparisons.
  • EBITDA was reported at about Rs 599 crore in the filing as some coverage cited Rs 618 crore, and the board approved an interim dividend of Rs 6 per share; the stock fell over 3% after the results.