Conference Call with United Spirits Management and Analysts on Q2FY25 Performance and Outlook. Listen to the full earnings transcript.
Breweries & Distilleries company United Spirits announced Q2FY25 results Standalone Financial Highlights: Net sales value (NSV) at Rs 2,843 crore., with Prestige & Above saliency of 89%. Total NSV witnessed a marginal decline of 0.8% over previous year, Prestige & Above segment NSV was broadly flat (0.3% growth year-on-year). EBITDA at Rs 507 crore., a growth of 7.9% YoY, with a margin of 17.8% Consolidated Financial Highlights: Net sales value (NSV) at Rs 2,844 crore.; EBITDA at Rs 502 crore. Overall NSV registered a marginal decline of 0.8% year-on-year, while EBITDA grew 7.4% YoY. Hina Nagarajan, CEO & Managing Director, United Spirits, said: “It’s a muted quarter amidst a softer than expected demand environment. We remain buoyant entering the festive season on the back of structural tailwinds including the reopening of the business in the state of Andhra Pradesh after a near 5-year gap. This reinforces our faith in the overall health and long-term fundamentals of the spirits industry & business in India. Our key focus remains on executional excellence to deliver sustained profitable growth, while maintaining the long-term competitiveness of our portfolio.” Result PDF