United Spirits Limited reported earnings results for the second quarter and six months ended September 30, 2025. For the second quarter, the company reported sales was INR 31,730 million compared to INR 28,440 million a year ago. Revenue was INR 72,800 million compared to INR 67,260 million a year ago. Net income was INR 4,640 million compared to INR 3,410 million a year ago. Basic earnings per share from continuing operations was INR 6.53 compared to INR 4.8 a year ago.
For the six months, sales was INR 61,940 million compared to INR 56,050 million a year ago. Revenue was INR 136,470 million compared to INR 129,990 million a year ago. Net income was INR 8,810 million compared to INR 8,260 million a year ago. Basic earnings per share from continuing operations was INR 12.41 compared to INR 11.63 a year ago.
United Spirits Limited is India's largest spirits producer. The group provides Scotch (Black Dog, Dalmore, Jura and White & Mackay brands), Whisky (Antiquity, Bagpiper, McDowell's No.1 and McDowell's No.1 Platinum), rhum (Celebration rum), vodka (Pinky, Romanov, Vladivar and White Mischief), gin (Blue Riband) and wine (Bouvet Ladubay and Four Seasons).
India accounts for 99.6% of net sales.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.