United Spirits Q3 Outcomes: Web revenue down 4% at Rs 335 crore

United Spirits Ltd on Thursday reported a 4.3 per cent decline in consolidated internet revenue at Rs 335 crore within the December quarter, impacted by larger bills and severance prices associated to a closed unit. The corporate had posted a consolidated internet revenue of Rs 350 crore within the corresponding quarter final fiscal, United Spirits Ltd (USL) stated in a regulatory submitting.

Consolidated income from operations within the quarter underneath evaluate was Rs 7,732 crore in opposition to Rs 6,962 crore within the year-ago interval, it added.

Whole bills in the course of the quarter have been larger at Rs 7,256 crore in comparison with Rs 6,555 crore a yr in the past.

Throughout the quarter ended December 31, 2024, the corporate has recognised a cost of Rs 65 crore underneath distinctive objects, in the direction of severance prices regarding a closed unit, USL stated.

USL CEO & Managing Director Hina Nagarajan stated, “Amidst a average however sequentially bettering demand setting, we now have delivered 1 / 4 consistent with our aspirations buoyed by the festive season and quick scale-up within the state of Andhra Pradesh.”

On the outlook, she stated, “Wanting forward, we stay cautiously optimistic within the short-term whereas remaining dedicated to the long-term potential of the India client story.”