StockWatch
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UNITED SPIRITS LTD. Q2 FY26 Results

UNITDSPRQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue7.2K14.4%7.9%
Total Income7.3K14.3%8.2%
Expenditure6.6K14.7%5.8%
PBT625.008.3%35.3%
Net Profit464.0011.3%36.1%
OPM8.75%1.26pp4.04pp
NPM6.37%0.18pp1.27pp
EPS6.5311.2%36.0%
View full financials

United Spirits Ltd Reports Strong Q2FY26 Performance with 11.6% NSV Growth

30 Oct 2025 · 30 Oct 2025, 06:32 pm

Summary

United Spirits Ltd., one of the leading beverage alcohol companies in India, reported its unaudited consolidated & standalone results for the first half and second quarter ended 30 September 2025. The company saw a 11.6% growth in consolidated Net Sales Value (NSV) and 31.5% growth in reported EBITDA for Q2FY26.

Key Highlights

  1. 1

    Q2FY26 consolidated NSV at INR3,173 Cr.

  2. 2

    Reported EBITDA at INR660 Cr.

  3. 3

    Standalone NSV at INR3,170 Cr., with P&A saliency of 89.6%

  4. 4

    P&A NSV growth at 12.4%

  5. 5

    Reported EBITDA at INR672 Cr.

  6. 6

    Profit after tax at INR464 Cr., growth of 36.1% over prior year same quarter

  7. 7

    Standalone net sales at INR3,170 Cr., up 11.5% YoY

  8. 8

    Gross profit grew 16.2% and reported gross margin was at 47.1%

  9. 9

    EBITDA at INR672 Cr., up 32.5% and reported EBITDA margin at 21.2%

  10. 10

    Interest cost stands at INR21 Cr for the quarter

Management Comments

M

Mr. Praveen Someshwar

CEO & Managing Director

We have delivered a strong quarter on topline and EBITDA growth and ended the first half in-line with our expectation while navigating the regulatory headwinds in the state of Maharashtra. Looking ahead, the second half of the year is the all-important festive, holiday and wedding season. We are excited about our commercial and marketing programs bringing our brand portfolio alive for the consumers while driving category salience and growth.”

Informational and educational content only. Not investment advice.