Chennai: United Spirits Ltd has posted a six-fold increase in fiscal fourth-quarter net profit from a year earlier.
The company controlled by UK-based spirits and beer maker Diageo Plc posted a net profit of Rs 167.3 crore for the quarter through March.
Net sales rose 11.6 per cent from a year earlier to Rs 2,224 crore, driven by continued momentum in demand at retail outlets, partly offset by contraction of its owned business in Andhra Pradesh and softer footfall in the on-trade channel such as bars and restaurants.