United Spirits Ltd

A one-time profit of ₹381 cr came from the slump sale of the business associated with 32 brands

Double-digit inflation, scotch supply constraints and a one-time special grant to staff impacted EBITDA margin delivery, says company

United Spirits last week completed the sale of 32 brands for around ₹820 crore and entered into a five-year franchise arrangement for 11 brands with Inbrew Beverages Pvt Ltd. In an interaction with BusinessLine, USL’s MD & CEO Hina Nagarajan shares the company’s plans for the future and how the deal was structured. Excerpts:

Another quarter of consistent top-line and resilient Ebitda performance, says company

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Proxy firm says Diageo need not honour agreement if convinced by USL probe

USL cites confidentiality, sensitivity as reasons

Focus on making the organisation flatter; non-performing brands to be phased out