menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Funding News

>

United Spi...
source image

Bloomberg Quint

4h

read

305

img
dot

Image Credit: Bloomberg Quint

United Spirits Share Price Falls After Profit Slips Third Quarter

  • United Spirits Ltd.'s net profit for the third quarter declined by 4% to Rs 335 crore, compared to Rs 350 crore in the same period last year.
  • Despite the decline in profit, the company posted a revenue growth of 11.1% to Rs 3,433 crore, with Ebitda up by 17% to Rs 568 crore.
  • United Spirits' share price fell by 2.62% during the day to Rs 1,461.3 apiece on the NSE, but it has risen 33.11% in the last 12 months.
  • According to Jefferies, United Spirits is expected to outperform on its result day, despite weak earnings.

Read Full Article

like

18 Likes

For uninterrupted reading, download the app