United Spirits doubles Q2 net profit to Rs 147.99 cr

United Spirits on Tuesday reported a net profit of Rs 147.99 crore for the quarter ended September 30, 2011.

The company had posted a net profit of Rs 74.60 crore for the quarter ended September 30, 2010, it said in a filing to BSE.

Net sales of United Spirits stood at Rs 1,790.62 crore for the quarter under review. It was Rs 1,354.20 crore for the corresponding period previous financial year.

The figures for the quarter ended September 30, are after giving effect to the merger of Balaji Distilleries , while figures for the quarter ended September 30, 2010, are prior to the merger of Balaji and hence are not comparable, the company said.

Shares of United Spirits were on Tuesday trading at Rs 868 in the morning trade on the Bombay Stock Exchange, up 4.11 per cent from its previous close.