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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.
United Spirits reported strong Q4 & FY26 results: NSV up 3.7% (Q4) & 7.7% (FY), EBITDA +16.3% (Q4) & +11.0% (FY). Board approved sale of Royal Challengers Sports, sharpening focus on core beverage alcohol business. A final dividend of INR11.0/share was proposed. #USL
United Spirits announced a reshuffling of entities in the buying consortium for its subsidiary, Royal Challengers Sports. The deal's core terms, including 14,690 equity shares and the aggregate consideration of INR 16,660 Cr, remain unchanged. This is an organizational update for the buyers.
United Spirits executed an amended share purchase agreement for 14,690 RCSPL shares. This reflects a change in the buying consortium's entities, but the aggregate consideration of INR 16,660 Cr remains unchanged.
United Spirits reported unaudited Q4FY26 consolidated net sales up 3.7% to 3,054 Cr, and full-year sales up 7.7% to 12,467 Cr. Standalone total sales grew 8.5% (ex-MH & AP) for the quarter. A board meeting will approve the financial results for the quarter and year.
United Spirits (UNITDSPR) received a favorable tribunal order, providing full relief from potential excise duty and penalty demands totaling INR 140.50 Cr. This removes a significant liability.