United Spirits third quarter net profit up 21% at Rs 79 crore

Liquor major United Spirits Ltd today posted 21.58% increase in net profit at Rs 78.81 crore for the third quarter ended December 31.

The company had posted a net profit of Rs 64.82 crore for the same period of previous fiscal.

Net sales of the company rose to Rs 2,287.89 crore for the third quarter as compared to Rs 2,238.06 crore during the same period of previous fiscal, United Spirits Ltd (USL) said in a filing to the BSE.

"During the quarter, the strategic end of the portfolio comprising the Prestige and Above brands at 9.4 million out of an overall volume of 30.9 million represents a 30% saliance of the category to the total," it added.

USL markets various liquor brands including Signature, Bagpiper, Antiquity, Royal Challenge in the country.