United Spirits brands to cost more in KarnatakaUnited Spirits, the country's biggest liquor firm, said price tags for its brands will go up by 14-17% in Karnataka after the state announc...
23 Jul, 2023, 11.40 PM IST
Robust top-line growth, resilient operating margins in extremely volatile, inflationary environment: USL MD Hina NagarajanThe company, however, said the performance was strong after numbers are rebased to account for Pioneer Distilleries merger and adjusted for...
18 May, 2023, 08.23 PM IST
United Spirits Q1 Results Profit soars 204% YoY; sales rise 34%The company that sells brands including Johnnie Walker and McDowell's, saw premium brands grew 44% and, accounted for 71% of its overall re...
27 Jul, 2022, 10.27 AM IST
Diageo aims to be top consumer product company in India, expands play in premium segment"Our mission is to be the top CPG company in India delivering a sustained double-digit topline growth with mid to high teen margins and als...
31 May, 2022, 10.41 PM IST
Litigation made USL opt for franchising with Inbrew instead of full divestment: Diageo India CEO Hina NagarajanOn Friday, USL sold 32 brands including Haywards, Old Tavern and White Mischief for ₹828 crore to Inbrew with a five-year franchise arrange...
31 May, 2022, 01.07 AM IST
United Spirits Q4 Results: Profit declines 12% to Rs 179 croreHowever, its revenue from operations was up 1.16 per cent at Rs 7,767.3 crore during the quarter under review. In the same period a year ag...
27 May, 2022, 09.25 PM IST
Omicron hits liquor sales but speedy recovery on cards: USL"In some states, weekend closures (and) night curfews have impacted footfalls but like before in the previous wave, we expect that the reco...
29 Jan, 2022, 06.54 AM IST
United Spirits Q3 results: Net profit up 27% to Rs 291 croreIts revenue from operations rose 7.64 per cent to Rs 8,854.5 crore, as against Rs 8,226 crore in the corresponding period of the previous f...
25 Jan, 2022, 06.59 PM IST
Our mission is to be top performing consumer products firm in India: DiageoAt present the company is exploring various options, including "extension of the franchise model, selective acceleration of brands, maybe e...
31 Oct, 2021, 02.02 PM IST
United Spirits to bring Guinness to IndiaLaunched in 1759, Guinness is one of world's top beer brands and USL said the launch is part of the company's wider strategy to reshape its...
29 Oct, 2021, 08.15 AM IST
United Spirits Q2 results: Net profit up two-fold to Rs 286 croreRevenue from operations was up 9.31 per cent to Rs 8,208.8 crore during the quarter under review as against Rs 7,509.4 crore in the year-ag...
28 Oct, 2021, 01.04 AM IST
United Spirits Q2 results: Profit up two folds to Rs 286 crore"We have delivered a strong quarter and the performance underpins improved momentum across the business. The business has emerged stronger ...
27 Oct, 2021, 06.06 PM IST
Demand resilient at stores, bars still a challenge: USL“On-trade continues to be adversely impacted, both store openings and footfalls. It remained restricted and there are restrictions on capac...
27 Jul, 2021, 08.25 AM IST
United Spirits Q1 results: Co reports net profit at Rs 50 croreIts revenue from operations rose 61.44 per cent to Rs 6,168.5 crore as against Rs 3,820.7 crore in the corresponding period of the previous...
24 Jul, 2021, 12.36 AM IST
New Diageo India MD, Hina Nagarajan, tasked with getting company back on growth pathThe first woman to head the biggest liquor business in India, Nagarajan will also be rated on advocacy, convincing state governments to red...
16 Jul, 2021, 10.56 AM IST
USL to get first woman CEO in Hina Nagarajan“After nearly eight years at USL and seven years as managing director and CEO, Anand Kripalu will step down effective June 30, 2021, to pur...
11 Dec, 2020, 07.03 AM IST
Anand Kripalu, MD and CEO of United Spirits Limited to step downDiageo India-owned United Spirits Limited (USL) has announced that after seven years as managing director and CEO, Anand Kripalu will step ...
10 Dec, 2020, 09.33 PM IST