United Spirits Limited
Diageo India incorporated in India as United Spirits Ltd.(USL) is the country’s leading beverage alcohol company and a subsidiary of global leader Diageo PLC. The company manufactures, sells, and distributes a wide portfolio of premium brands such as Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, Royal Challenge, McDowell’s No.1, Smirnoff and Captain Morgan.
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**Business Performance:** United Spirits reported strong performance, with Net Revenue, Profit After Tax (PAT), and Earnings Per Share (EPS) all showing significant growth in FY24. The company is actively driving its premiumization strategy across India's diverse markets. Notably, Black & White has become India's #1 Scotch, and Johnnie Walker continues...
1. Financial Highlights: Volume growth was reported across key brands including Smirnoff, Captain Morgan, and McDowell’s variants. Pricing improvements combined with ongoing premiumization indicate potential margin expansion. Consumer outreach efforts engaged approximately 1.2 million individuals, highlighting strong brand engagement. No specific revenue, profit, or balance sheet details were disclosed. 2....