Diageo-controlled liquor maker reports lower consolidated net profit and operating revenue in the September quarter of FY2026-27.
NEW DELHI, (Economy India): United Spirits Ltd, the Diageo-controlled liquor maker, reported a 7.75% year-on-year decline in consolidated net profit to ₹428 crore for the second quarter of financial year 2026-27, reflecting a weaker performance compared with the corresponding quarter of the previous fiscal year.
The company had reported a consolidated net profit of ₹464 crore in the July–September quarter of the previous year, according to its regulatory filing.
Revenue from operations also declined during the quarter. United Spirits recorded revenue of ₹7,014 crore in the September quarter, down 2.56% from ₹7,199 crore in the corresponding period a year earlier.

United Spirits Q2 FY27 Financial Performance
The company’s September-quarter results showed declines in both consolidated net profit and revenue from operations on a year-on-year basis.
| Financial Metric | Q2 FY2026-27 | Q2 Previous Year | Year-on-Year Change |
|---|---|---|---|
| Consolidated net profit | ₹428 crore | ₹464 crore | Down 7.75% |
| Revenue from operations | ₹7,014 crore | ₹7,199 crore | Down 2.56% |
Net Profit Declines to ₹428 Crore
United Spirits’ consolidated net profit fell by ₹36 crore compared with the year-ago quarter. The reported profit of ₹428 crore was 7.75% lower than the ₹464 crore recorded in the July–September period of the previous financial year.
The decline indicates a reduction in quarterly earnings compared with the same period last year. The supplied regulatory-filing report did not provide further details on the factors behind the profit decline.
Revenue from Operations Falls 2.56%
Revenue from operations decreased by ₹185 crore year-on-year to ₹7,014 crore in the September quarter, compared with ₹7,199 crore a year earlier.
The 2.56% decline in revenue, alongside the fall in net profit, marked a weaker year-on-year performance for the company during the quarter.
Further details on segment-wise performance, operating expenses, margins and management commentary were not included in the supplied report.
United Spirits Quarterly Results
United Spirits is part of the global Diageo group and operates in India’s alcoholic beverages market. Its latest September-quarter results provide an update on the company’s financial performance in FY2026-27.
The reported figures cover consolidated net profit and revenue from operations for the July–September quarter. Additional financial disclosures would be needed to assess the contribution of individual business segments, cost movements and other factors affecting profitability.
Key takeaway: United Spirits reported consolidated net profit of ₹428 crore in Q2 FY27, down 7.75% year-on-year, while revenue from operations declined 2.56% to ₹7,014 crore.
(Economy India)







