United Spirits Q2 Results: 41% Rise in Net Profit, Boosted by Andhra Re-Entry
United Spirits Ltd. reported a 40.9% year-on-year rise in net profit for the second quarter of fiscal 2026. The alcohol manufacturer reported a standalone bottom-line of Rs 472 crore in the quarter ended September, against Rs 335 crore in the year-ago period, according to an exchange filing on Thursday.
Revenue and Earnings
Revenue for the company went up 11.5% to Rs 3,170 crore from Rs 2,843 crore in the same quarter last year. Earnings before interest, tax, depreciation, and amortisation (Ebitda) rose 33% to Rs 672 crore compared to Rs 507 crore, and Ebitda margin expanded to 21.2% from 17.8%.
The surge in profit was on the back of prior year headline pricing flow-through, revenue growth management initiatives, mix improvement, sustained productivity, as well as relatively stable COGS inflation for major input commodity baskets, the company said in a press release on Thursday.
Re-Entry in Andhra Pradesh
Net sales rose 11.5% to Rs 3,170 crore in the quarter ended September, driven by the re-entry in Andhra Pradesh. In addition, the favorable prior year comparatives in this quarter were largely offset by the adverse policy changes in the state of Maharashtra.
The re-entry in Andhra Pradesh has been a significant factor in the company’s growth, and United Spirits is expected to continue benefiting from this development. To learn more about the Indian stock market and its trends, visit our website.
CEO’s Statement
“Looking ahead, the second half of the year is the all-important festive, holiday, and wedding season. We are excited about our commercial and marketing programs bringing our brand portfolio alive for the consumers while driving category salience and growth,” said Praveen Someshwar, CEO & Managing Director, United Spirits.
The company’s focus on driving category salience and growth is expected to yield positive results, especially during the festive season. For more information on stock market analysis and trends, visit our website.
Stock Performance
The quarterly earnings were shared after market hours. The stock settled 0.52% higher at Rs 1,394.60 apiece on the NSE, compared to a 0.68% decline in the benchmark Nifty 50.
United Spirits shares have fallen 3.54% in the last 12 months and 14.20% year-to-date. Out of 27 analysts tracking the company, 21 maintain a ‘buy’ rating, three recommend a ‘hold’, and three suggest ‘sell’, according to Bloomberg data.
The average 12-month consensus price target of Rs 1,517.52 implies an upside of 8.8%. To stay updated on the latest Indian stock market news and trends, visit our website.
Conclusion
In conclusion, United Spirits’ Q2 results have been impressive, with a 41% rise in net profit. The company’s re-entry in Andhra Pradesh and favorable prior year comparatives have driven growth. With the festive season approaching, the company is expected to continue benefiting from its commercial and marketing programs.
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