United Spirits Q2 results: net profit falls 7.8% to Rs 428 crore

United Spirits said in a filing with the National Stock Exchange that its consolidated net profit for the quarter ended 30 September 2026 (Q2 FY27) was Rs 428 crore, down 7.8% from Rs 464 crore in the same quarter last year. Revenue from operations was Rs 7,014 crore, down 2.6% from a year earlier.

What Happened

The company's filing contains its unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The company said its board approved them at a meeting held on 28 October 2026, and the filing includes the statutory auditors' limited review report. The figures below are consolidated, in Rs crore, as filed.

Revenue from operations was Rs 7,014 crore, against Rs 7,199 crore a year earlier (down 2.6%) and Rs 6,122 crore in the previous quarter (up 14.6%).

Net profit attributable to the owners of the company was Rs 428 crore, against Rs 464 crore a year earlier (down 7.8%) and Rs 463 crore in the previous quarter (down 7.6%). The filing splits this into profit from continuing operations of Rs 460 crore (Rs 467 crore a year earlier and Rs 237 crore in the previous quarter) and a loss from discontinued operations of Rs 32 crore (a loss of Rs 3 crore a year earlier and a profit of Rs 226 crore in the previous quarter).

The filing also shows exceptional items, net, of Rs 11 crore in the quarter, against Rs 30 crore of net exceptional items charged a year earlier and Rs 81 crore charged in the previous quarter. Earnings per share from continuing operations were Rs 6.48, and from discontinued operations a loss of Rs 0.45.

For the half year ended 30 September 2026, revenue from operations was Rs 13,136 crore, against Rs 13,022 crore a year earlier, and net profit attributable to owners was Rs 891 crore, against Rs 881 crore.

What It Means

For shareholders and others who follow the company, the filing shows lower sales and profit than a year earlier in the September quarter, and sales that were higher than in the June quarter. Profit from continuing operations was close to last year's level; the fall in net profit includes the loss from discontinued operations.

The filing as available to Oquilia does not set out the reasons for the movement in discontinued operations or exceptional items. The results are unaudited and have been reviewed, not audited, by the auditors. Oquilia reports only what the company has filed and does not forecast results or recommend any action on the shares.

Source: Company filing on NSE