Edition:
United Kingdom

United Spirits Ltd (UNSP.NS)

UNSP.NS on National Stock Exchange of India

3,417.95INR
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Latest Key Developments (Source: Significant Developments)

India's United Spirits Sept-qtr profit rises about 86 pct
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - United Spirits Ltd :Sept quarter profit 1.53 billion rupees versus profit of 825 million rupees last year.Consensus forecast for sept quarter net profit was 883.3 million rupees.Sept quarter revenue from operations 62.15 billion rupees versus 60.17 billion rupees last year.Expect impact of highway ban to continue to decrease and business to normalize by end of Q3.Expect net adverse impact of GST on co's margins to be moderate in this FY.  Full Article

Pioneer Distilleries seeks members' nod for approval of deal between co and United Spirits
Friday, 2 Sep 2016 

Pioneer Distilleries Ltd : Seeks members' nod for approval of manufacture, licensing deal to be entered between co and United Spirits . Seeks members' nod for approval of arrangements for sale of extra neutral alcohol to United Spirits in yrs ending March 31, 2017, 2018, 2019 . Seeks members' nod for approval of arrangements for sale of malt spirit by co to United Spirits .  Full Article

United Spirits June-qtr profit after tax rises almost fourfold
Tuesday, 26 Jul 2016 

United Spirits Ltd : June-quarter PAT 438 million rupees - tv . June-quarter net sales 20.27 billion rupees . Net profit in June-quarter last year was 116.1 million rupees as per ind-as; net sales was 18.49 billion rupees . The profit alert was first sourced from TV and was later confirmed from a press release at the NSE .  Full Article

BRIEF-United Spirits gets RBI approval for transaction related to United Spirits Nepal Pvt Ltd ‍​

* Got RBI approval on Nov 2 for execution of co's agreement in relation to sale of equity shares of United Spirits Nepal Pvt Ltd ‍​