United Spirits
Diageo-controlled United Spirits Ltd posted a strong performance in the third quarter of FY26, reporting a sharp rise in profitability despite regulatory and policy challenges in key markets. The country’s largest spirits company reported a consolidated...
Hina Nagarajan, Managing Director of United Spirits, noted that liquor demand in India picked up during the December quarter, showing stronger resilience compared to many other consumer goods categories.Continue Exploring: The End of a Retail Era:...
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Carlsberg to continue existing strategy post-full ownership of Indian operations, eyes accelerated investment
Danish brewer Carlsberg’s global CEO, Jacob Aarup-Andersen, sta͏ted that ͏the company does not require ͏a n͏ew strategy for the ͏Indian market,͏ even aft͏er ͏fina͏lising...
United Spirits invests in V9 Beverages and Indie Brews to tap into growing non-alcoholic and coffee liqueur markets
As par͏t of its͏ strategy to tap into e͏mergi͏ng growth sectors͏, United Spirits h͏as inv͏es͏te͏d ͏i͏n͏ V9 Beverages, a non-alcoholic company, and Indie Brews...
One-third of the world’s fastest-growing spirits brands are Indian: Report
One third of͏ the 30 fastest-growing spirits brands in t͏he͏ wo͏rld are Indian, according͏ to the latest report b͏y Drinks International. Moreo͏ver, six of...
Big liquor and beer brands to make a comeback in Andhra Pradesh
Many liquor brands that had disappeared from shelves over the past five years are making a comeback in Andhra Pradesh, as per a report...
From party ender to party starter: Tequila sales double in India, becoming fastest-growing spirit
Tequila used to be synonymous with the end of a party, marked by the familiar three-step ritual: salt, shot, and lime. But times have...
United Spirits reports INR 384 Cr net profit in Q4, driven by strategic initiatives and premiumization
Diageo India, operating under United Spirits Ltd and a subsidiary of the British liquor powerhouse Diageo, has reported a substantial 88% surge in standalone...
United Spirits acquires 15% stake in alcohol beverage brand Pistola
United Spirits, a leading player in the spirits industry, has acquired a 15% stake in Inspired Hospitality, the parent company of the alcohol beverage...
United Spirits faces INR 5.51 Crore tax demand over non-submission of statutory forms
United Spirits Ltd has stated that it has received a tax demand of INR 5.51 crore, including interest, for the non-submission of certain statutory...
United Spirits hit with INR 4.47 Crore tax demand by Maharashtra State Authorities
Liquor maker United Spirits, now Diageo India, on Wednesday said it has received a tax demand of INR 4.47 crore from the Maharashtra state...
FMCG giants boost advertising spend, surpass pre-Covid levels amid economic boom
In the December quarter, advertising expenses as a proportion of sales at leading fast-moving consumer goods (FMCG) companies exceeded pre-Covid levels for the first...
Indian spirits market sees slowed growth at 4% in 2023: Tax hikes and shifting consumption trends impact industry dynamics
The demand for spirits across various segments slowed to 4% in the previous calendar year, marking a significant decline from the 12% growth seen...
Diageo India launches micro-enterprise initiative empowering smallholder women farmers and tackling crop wastage in Nashik
Diageo India (United Spirits), a major player in the alcoholic beverage industry, has launched a micro-enterprise program to empower women farmers with small holdings...