United Spirits' Q3 profit rises over 21 per cent to Rs 78.81 crore

Liquor major United Spirits on Saturday posted 21.58 per cent increase in net profit at Rs 78.81 crore for the third quarter ended December 31.

The company had posted a net profit of Rs 64.82 crore for the same period of previous fiscal.

Net sales of the company rose to Rs 2,287.89 crore for the third quarter as compared to Rs 2,238.06 crore during the same period of previous fiscal, United Spirits (USL) said in a filing to the Bombay Stock Exchange (BSE).

"During the quarter, the strategic end of the portfolio comprising the Prestige and Above brands at 9.4 million out of an overall volume of 30.9 million represents a 30 per cent saliance of the category to the total," it added.

USL markets various liquor brands including Signature, Bagpiper, Antiquity, Royal Challenge in the country.