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United Spirits profit up 36% as Andhra re-entry boosts sales

Financial Express Chandigarh

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October 31, 2025

UNITED SPIRITS, THE country’s largest liquor maker, on Thursday reported a 36.1% year-on-year rise in consolidated net profit for the second quarter of FY26 to 464 crore, beating Street estimates by a wide margin. Bloomberg consensus estimates had forecast net profit at $373 crore.

- VIVEAT SUSAN PINTO

Revenue for the quarter (net of excise) rose 11.6% yearon-yearto €3,173 crore, higher than the forecast of $3,111 crore, supported by strong brand performance and a reentry into Andhra Pradesh, among the country’s key liquor markets. Consumer demand was also

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