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United Spirits has posted a 83 per cent decrease in net profit for the fourth quarter of last fiscal to Rs 10.01 crore because of notional losses on account of exchange differences in inter-company balances and rise in interest costs.
Total income for the quarter went up by nearly 17 per cent to Rs 1,881.74 crore.
Net profits for the year were down by over 11 per cent to Rs 342.8 crore. The consolidated revenue increased by 25 per cent to Rs 9,186.5 crore.
The company has announced a dividend of Rs 2.50 per share
The company sold 122.75 million cases of liquor in 2011 - 2012, a rise of 7 per cent when compared to the previous year.
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