United Spirits Reports INR 9,888 Cr. Revenue for 9MFY26, up 9.4% YoY
Filing Summary
United Spirits Ltd. released its unaudited financial results for the quarter and nine months ending December 31, 2025. The company reported a consolidated net sales value of INR 9,888 Cr. for the nine months, marking a 9.4% increase from the previous year. The standalone net sales value reached INR 9,402 Cr., a 9.0% rise. The Board approved an interim dividend of INR 6.0 per share. The Prestige & Above segment accounted for 89.4% of net sales, with a 9.8% growth. The company also noted a 24.7% increase in profit after tax for Q3FY26.
United Spirits Ltd. announced its unaudited financial results for the quarter and nine months ending December 31, 2025. The company reported a consolidated net sales value of INR 9,888 Cr. for the nine-month period, reflecting a 9.4% increase compared to the previous year. The standalone net sales value was INR 9,402 Cr., up 9.0% year-on-year. The Board of Directors approved an interim dividend of INR 6.0 per share.
For Q3FY26, the consolidated net sales value was INR 3,694 Cr., a 7.6% increase from the same period last year. The standalone net sales value for the quarter was INR 3,683 Cr., up 7.3%. The company’s reported EBITDA for the quarter was INR 599 Cr., a 5.5% increase, while the standalone EBITDA was INR 618 Cr., up 5.1%. The profit after tax for Q3FY26 was INR 418 Cr., marking a 24.7% growth over the prior year.
The Prestige & Above segment accounted for 89.4% of the net sales value during the nine months, with a 9.8% increase. The Popular segment contributed 9.0% of net sales, growing by 4.7%. The gross profit margin for the standalone business expanded to 46.2%, driven by premiumization and management productivity. The company’s marketing spend was 14.0% of net sales for the quarter, reflecting targeted investments in key trademarks.
The company noted a gross profit growth of 12.6% for the quarter, with a reported gross margin of 46.9%. The standalone EBITDA margin for Q3FY26 was 16.8%, slightly contracting by 35 basis points due to higher marketing expenses. Interest costs for the quarter were INR 19 Cr., a 5.0% reduction from the previous year.
United Spirits Ltd. operates as a subsidiary of Diageo Plc. The company is a leading beverage alcohol company in India, with a portfolio that includes brands such as Johnnie Walker, Black Dog, and McDowell’s No1. It has a significant manufacturing presence across India, with 34 facilities. The company focuses on premiumization and sustainability initiatives, contributing to India’s growth agenda.