Shares of United Spirits are likely to remain in focus after the company on Wednesday posted a marginal rise in its Q2 profit after tax (PAT) at Rs 341 crore against Rs 339 crore reported in the corresponding period of the previous financial year.

The company’s revenue from operations also witnessed a decline of nearly 1% of Rs 6,672 crore in the second quarter of FY25 while the net sales were also down by 0.8% YoY to Rs 2,844 crore.

Additionally, the consolidated EBITDA was seen at Rs 502 crore, a growth of 7.4% year on year.

On a standalone basis, the gross margin stood at 45.2%, up 178 bps versus last year on the back of headline pricing, continued revenue growth management and productivity initiatives off-setting inflation in the overall commodity basket.

The standalone EBITDA was at Rs 507 crore, an increase of 7.9% over the same period last year while the EBITDA margin was 17.8%, up 142 bps versus last year.

For the half year ended September 2024, the PAT was reported at Rs 826 crore while the net sales were posted at Rs 5,605 crore, up 1.3% year on year on a consolidated basis.

“It’s a muted quarter amidst a softer than expected demand environment. We remain buoyant entering the festive season on the back of structural tailwinds including the reopening of the business in the state of Andhra Pradesh after a near 5-year gap. This reinforces our faith in the overall health and long-term fundamentals of the spirits industry & business in India. Our key focus remains on executional excellence to deliver sustained profitable growth, while maintaining the long-term competitiveness of our portfolio,” said Hina Nagarajan, CEO & Managing Director.

The shares of United Spirit have gained 45.11% in the last one year and 25.4% in the last 6 months. The same closed flat at Rs 1,467.10 on the BSE on Wednesday.

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