United Spirits Q4 profit rises two-fold

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United Spirits Q4 profit rises two-fold

(2 Minutes Reading) Diageo-controlled liquor maker United Spirits reported a two-fold increase in consolidated net profit to Rs 241 crore for the Q4FY24, compared to net profit of Rs 102 crore in the year-ago period.

Its revenue from operations was up 12.41 per cent to Rs 6,511 crore during the quarter under review from Rs 5,792 crore a year earlier.

Its sports business Royal Challengers Sports Pvt Ltd (RCSPL), which owns RCB teams for IPL and WPL, has a revenue of Rs 120 crore in the March quarter.

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