United Spirits Q1 results show revenue up from 5809.6 crores to 5830.1 crores, a 0.35% increase in growth. EPS rise from ₹1.45 to ₹6.71, up by 362.76%.
First, Let’s Begin with Quarter-on-Quarter Basis:
United Spirits shared its Q1 results on Thursday. They earned 5830.1 crores in revenue this quarter, but that’s more than the 5809.6 crores they made last quarter. The company’s growth increased by 0.35 percent when comparing the two quarters.
In terms of profits, the company’s PAT (Profit After Tax) for this quarter was 476.7 crores, up from 102.8 crores in the previous quarter. Their quarter-to-quarter growth increased by 363.72 percent.
The company’s EPS (Earnings Per Share) this quarter is ₹6.71, which is an increase of 362.76% from the ₹1.45 EPS in the previous quarter.
Now, Let’s Analyze the Results on a Year-over-Year Basis:
The company made a total revenue of 5830.1 crores this year (2023), which is -18.55 percent lower than last year’s total revenue of 7157.5 crores.
This year’s PAT (Profit After Tax) is 476.7 crores, which is also 79.08% higher than last year’s PAT of 266.2 crores.
The EPS (Earnings Per Share) for this year is ₹6.71, which is 78.93% more than the EPS of ₹3.75 earned last year.
Also Read: South Indian Bank Q1FY24 Results: Standalone PAT Down to Rs 202.58 Cr
United Spirits Share Dividend Announcement / Record Date:
The record date for the dividend has not arrived yet.
About United Spirits :
United Spirits Limited (USL), previously known as United Breweries Limited, is an Indian alcoholic beverages company and the second-largest spirits company globally in terms of volume. A subsidiary of Diageo, it is headquartered at UB Tower in Bangalore, Karnataka. USL distributes its products to more than 37 countries through exports.
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