United Spirits Ltd
United Spirits Q2 Results 2026 (FY27): Revenue ₹7,014 Cr, PAT ₹428 Cr
Q2 FY27 results statement: what the company reported on revenue, margins and capex.
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United Spirits Ltd Q2 FY27 key numbers
- Revenue
- Beverage alcohol segment revenue: ₹3,264 crores vs ₹3,173 crores YoY; about 2.8% growth.
As stated in United Spirits Ltd's Q2 FY27 results statement · published 29 Oct 2026. Reported figures, not investment advice.
Based on United Spirits Ltd's Q2 FY27 results statement. The company has not published an earnings-call transcript for this quarter, so figures here are what the results statement reports, not management guidance.
The short version
Quarter ended September 30, 2026 revenue from operations (consolidated): ₹7,014 crores vs ₹7,199 crores in Q3 FY25; a slight decline. EBITDA (Quarter ended Sept 30, 2026): ₹632 crores (up from ₹660 crores in Sept 30, 2025, slight decrease) - Operating Margin / EBITDA Margin (calculated): Revenue from operations: ₹7,014 crores EBITDA: ₹632 crores EBITDA margin ≈ 9.0% (632/7014) - Profit After Tax (PAT) (Quarter ended Sept 30, 2026): Profit for the period (consolidated): ₹428 crores Previous year quarter (Sept 30, 2025): ₹464 crores Year-on-year change: Decrease of about 7.75%
From United Spirits Ltd's Q2 FY27 earnings-call transcript · updated 29 Oct 2026.
Revenue & Sales Performance
- Quarter ended September 30, 2026 revenue from operations (consolidated): ₹7,014 crores vs ₹7,199 crores in Q3 FY25; a slight decline.
- Beverage alcohol segment revenue: ₹3,264 crores vs ₹3,173 crores YoY; about 2.8% growth.
- Sports segment revenue: nil vs ₹0 in Q3 FY25.
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Profitability & Margins
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Capital Expenditure Plans
- On March 24, 2026, the Board approved the sale of 14,690 equity shares related to Royal Challengers Sports Private Limited (RCSPL), a 100% subsidiary involved in sports franchise operations.
- The transaction is subject to adjustments, conditions in the Share Purchase Agreement (SPA), and approvals from the Competition Commission of India (received June 30, 2026) and Board of Control for Cricket in India (pending).
- The Amended and Restated SPA reflects changes in purchasers and is expected to complete within 12 months from the original announcement.
- No material financial outflow is expected from this transaction.
Top-ranked in Beverages
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
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United Spirits Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹3.3K Cr, net profit ₹428 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What United Spirits Ltd's management said in earlier quarters
Others in Beverages this season
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Q2 FY27 Net Sales: ₹2,536 Cr, up 24% YoY (Page 6) . Key investor presentation takeaways from United Breweries Ltd's Q2 FY27 investor presentation — and how it r
- Allied Blenders (Q2 FY27)
EBITDA: ₹143 Cr, up 10.0% YoY . Key investor presentation takeaways from Allied Blenders & Distillers Ltd's Q2 FY27 investor presentation — and how it ranks aga
- Radico Khaitan Ltd (Q2 FY27)
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- G M Breweries Ltd (Q2 FY27)
EBITDA for the quarter ended Sept 30, 2026:** ₹42.92 crores (reported on page 3 as part of unaudited financial results) . Key results statement takeaways from G
Potential multibaggers · Q2 FY27
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were United Spirits Ltd Q2 FY27 results?
Quarter ended September 30, 2026 revenue from operations (consolidated): ₹7,014 crores vs ₹7,199 crores in Q3 FY25; a slight decline. EBITDA (Quarter ended Sept 30, 2026): ₹632 crores (up from ₹660 crores in Sept 30, 2025, slight decrease) - Operating Margin / EBITDA Margin (calculated): Revenue from operations: ₹7,014 crores EBITDA: ₹632 crores EBITDA margin ≈ 9.0% (632/7014) - Profit After Tax (PAT) (Quarter ended Sept 30, 2026): Profit for the period (consolidated): ₹428 crores Previous year quarter (Sept 30, 2025): ₹464 crores Year-on-year change: Decrease of about 7.75%
What is United Spirits Ltd share price analysis?
United Spirits Ltd currently shows a neutral. The stock trades at a P/E of 48.2 with a market cap of ₹89,275 Cr. Investors should review the full earnings analysis for detailed insights.
Is United Spirits Ltd planning capital expenditure?
On March 24, 2026, the Board approved the sale of 14,690 equity shares related to Royal Challengers Sports Private Limited (RCSPL), a 100% subsidiary involved in sports franchise operations.
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This analysis is AI-generated based on publicly available earnings data and the company's results statement. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.