BUSINESS

United Spirits Q4 Earnings: Profit swings to Rs 241 crore, final dividend of Rs 5 announced

Diageo-controlled liquor maker United Spirits reported its fiscal fourth quarter earnings with profit at Rs 241 crore, up 136.3 per cent in comparison to Rs 102 crore during the corresponding quarter of previous fiscal year. It posted revenue from operations at Rs 6511 crore, up 12.4 per cent as against Rs 5792 crore posted during the same period last year. 

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The company board recommended a final dividend of Rs 5 per equity share (face value Rs 2 each) for the financial year ending 31st March 2024. “The record date for the purpose of determining the entitlement of the shareholders to pay final dividend has been fixed as Friday, 12th July 2024. The final dividend, if any, declared at the AGM will be paid on or after 6th August 2024,” it said in a regulatory filing. 

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