sector: Non-Cyclical Consumer Goods & Services ·
industry: Beverages - Distillers & Wineries ·
As of
1:13pm IST
1,162.15INR
United Spirits Limited is an India-based company engaged in the business of manufacture, purchase and sale of beverage alcohol (spirits and wines), including through tie-up units/ brand franchisees. The Company operates in two geographic segments: India and Outside India. The India segment is engaged in the business of manufacture, purchase and sale of beverage alcohol (spirits and wines), including through tie-up units/ brand franchisees within India. The Outside India segment is engaged in the business of manufacture, purchase and sale of beverage alcohol (spirits and wines), including through tie-up units/brand franchisees outside India. The Company’s subsidiaries include Asian Opportunities & Investments Limited (AOIL), United Spirits Nepal Private Limited, Ramanretti Investments & Trading Ltd. (RITL), Shaw Wallace Breweries Limited (SWBL), Palmer Investment Group Ltd. (PIG) and RG Shaw & Company Ltd. In November 2009, the Company acquired Tern Distilleries Pvt. Ltd.
BRIEF: For the fiscal year ended 31 March 2008, United Spirits Limited's revenues increased 55% to RS47.34B. Net income decreased 52% to RS2.72B. Revenues reflect increased income from India & other Foreign market and higher other income. Net income offset by an increase in employees cost, higher power & fuel expenses, an increase in rates & taxes expenses, higher advertising & sales promotion and an increase in freight outwards expenses.
United Spirits Limited
UB Tower
# 24, Vittal Mallya Road
Bangalore 560 001
P: +9180.39856000
F: +9180.39856959