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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 […]
United Spirits Ltd, India’s largest liquor maker, posted a 41% rise in net profit to Rs472 crore in the second quarter, driven by higher sales of premium brands, favorable pricing and improved margins despite regulatory challenges in Maharashtra. Net sales for the quarter ended September rose 11.5% to Rs3,170 crore due to the return to […]
