United Spirits posts higher numbers on all fronts for Q3

United Spirits
United Spirits posts higher numbers on all fronts for Q3

For Q3FY20, United Spirits witnessed a rise on all fronts on a yearly basis. The comapny's revenue for the quarter under review came in higher at Rs2,587.6cr, up2.6% yoy vs. Rs2,514.4cr in Q3FY19.

EBITDA for the quarter stood at Rs425.7cr, up 19.2% yoy vs. Rs357.2cr reported in the corresponding quarter previous year. Operational margins of Q3FY20, came in at 16.4%, which was higher by 220bps yoy. The company registered a 15.2% yoy rise in net profit at Rs232cr vs. Rs210.4cr posted in Q3FY19.

Stock view:
United Spirits Ltd ended at Rs575.80 down by Rs2.1 or 0.36% from its previous closing of Rs577.90 on the BSE




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