United Spirits warns of a tough second half of the year, despite a strong second quarter led by premium brands

Praveen Someshar, chief executive of United Spirits, said a rebound in urban spending and a surge in demand for premium drinks drove sales growth, but the maker of Johnnie Walker and Smirnoff warned that the second half of the fiscal year, typically driven by weddings and festivals, could be more challenging than usual due to […]