Integrated Filing — IndAS

General information about company
Scrip Code	532432
NSE Symbol	UNITDSPR
MSEI Symbol	NOTLISTED
ISIN	INE854D01024
Name of company	United Spirits Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	20-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	12-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Alcoholic beverages and allied products
Start date and time of board meeting	20-May-2025   14:00:00
End date and time of board meeting	20-May-2025   16:50:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-01-23
Indicate Company website link for updated RPT policy of the Company	https://www.diageoindia.com/~/media/Files/D/Diageo-V2/Diageo-India/investors/shareholder-centre/policies/2025/policy-on-related-party-transactions.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not applicable

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	65490000000	267800000000
	Other income	1700000000	4260000000
	Total income	67190000000	272060000000
2	Expenses
(a)	Cost of materials consumed	14020000000	54430000000
(b)	Purchases of stock-in-trade	1850000000	8640000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	490000000	900000000
(d)	Employee benefit expense	1370000000	6050000000
(e)	Finance costs	220000000	890000000
(f)	Depreciation, depletion and amortisation expense	680000000	2740000000
(f)	Other Expenses
1	Excise duty	36030000000	152070000000
2	Advertisement and sales promotion	3170000000	11280000000
3	Other expenses	3510000000	13850000000
	Total other expenses	42710000000	177200000000
	Total expenses	61340000000	250850000000
3	Total profit before exceptional items and tax	5850000000	21210000000
4	Exceptional items	0	-650000000
5	Total profit before tax	5850000000	20560000000
6	Tax expense
7	Current tax	1290000000	4880000000
8	Deferred tax	50000000	100000000
9	Total tax expenses	1340000000	4980000000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	4510000000	15580000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	4510000000	15580000000
17	Other comprehensive income net of taxes	-20000000	-20000000
18	Total Comprehensive Income for the period	4490000000	15560000000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	1450000000	1450000000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		77340000000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	6.2	21.42
	Diluted earnings (loss) per share from continuing operations	6.2	21.42
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	6.2	21.42
	Diluted earnings (loss) per share from continuing and discontinued operations	6.2	21.42
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Property plant and equipment includes Right of use of Asset value of INR 457 crores nOther non current Assets include Current tax assets net non current of INR 1095 crores nNon Current Lease liabilities are included under other non current financial liabilities nOther current financial liabilities include Other financial liabilities and current Lease labilities nCash flow nOther current asset included both current and non current nOther Financial asset included both current and non current nTrade receivables include both current and non current nAdjustments for decrease increase in other trade receivables also includes Loss allowance on trade receivables and other assets and other financial assets net loss of INR 9 crores nOther cash receipts from sales of equity or debt instruments of other entities and Other cash payments to acquire equity or debt instruments of other entities includes amount relating to Fixed Deposits nExceptional items recognized in P and L are classified under Other Adjustments for non cash items nInterest income includes Income from loan to Subsidiary and Joint Venture and Interest on direct and indirect tax refund nCash advances and loans made to other parties represents Loans given to subsidiary and joint venture nOther inflows outflows of cash includes Profit on redemption of mutual funds units and Gain on disposal of property plant and equipment and investment property net n n

Remarks
Debt equity ratio	Not Applicable
Debt service coverage ratio	Not Applicable
Interest service coverage ratio	Not Applicable

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	13070000000
	Capital work-in-progress	720000000
	Investment property	750000000
	Goodwill	0
	Other intangible assets	240000000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	590000000
	Non-current financial assets
	Non-current investments	1750000000
	Trade receivables, non-current	3400000000
	Loans, non-current	0
	Other non-current financial assets	3840000000
	Total non-current financial assets	8990000000
	Deferred tax assets (net)	1550000000
	Other non-current assets	13100000000
	Total non-current assets	39010000000
2	Current assets
	Inventories	23050000000
	Current financial asset
	Current investments	8730000000
	Trade receivables, current	32880000000
	Cash and cash equivalents	11500000000
	Bank balance other than cash and cash equivalents	6230000000
	Loans, current	220000000
	Other current financial assets	2590000000
	Total current financial assets	62150000000
	Current tax assets (net)	0
	Other current assets	2970000000
	Total current assets	88170000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	127180000000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	1450000000
	Other equity	77340000000
	Total equity attributable to owners of parent	78790000000
	Non controlling interest
	Total equity	78790000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	0
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	3340000000
	Total non-current financial liabilities	3340000000
	Provisions, non-current	160000000
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	0
	Total non-current liabilities	3500000000
	Current liabilities
	Current financial liabilities
	Borrowings, current	0
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	740000000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	20780000000
	Total Trade payable	21520000000
	Other current financial liabilities	6300000000
	Total current financial liabilities	27820000000
	Other current liabilities	9760000000
	Provisions, current	3730000000
	Current tax liabilities (Net)	3580000000
	Deferred government grants, Current	0
	Total current liabilities	44890000000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	48390000000
	Total equity and liabilites	127180000000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Unaudited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Unaudited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of post-employment benefit plans	-30000000	-30000000
	Total Amount of items that will not be reclassified to profit and loss	-30000000	-30000000
2	Income tax relating to items that will not be reclassified to profit or loss	-10000000	-10000000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	-20000000	-20000000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Unaudited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			20560000000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			890000000
	Adjustments for decrease (increase) in inventories			-2420000000
	Adjustments for decrease (increase) in trade receivables, current			-5030000000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			490000000
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			-400000000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			2900000000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			1740000000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			2740000000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-150000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			-760000000
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			10000000
	Adjustments for dividend income			1200000000
	Adjustments for interest income			1000000000
	Adjustments for share-based payments			170000000
	Adjustments for fair value losses (gains)			-160000000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			650000000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			-1530000000
	Net cash flows from (used in) operations			19030000000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1730000000
	Other inflows (outflows) of cash			-1240000000
	Net cash flows from (used in) operating activities			16060000000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			14060000000
	Other cash payments to acquire equity or debt instruments of other entities			23290000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			130000000
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			10000000
	Purchase of property, plant and equipment			1620000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			180000000
	Cash receipts from repayment of advances and loans made to other parties			70000000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			1200000000
	Interest received			380000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) investing activities	-9500000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			0
	Repayments of borrowings			0
	Payments of lease liabilities			1370000000
	Dividends paid			3500000000
	Interest paid			400000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-5270000000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			1290000000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			1290000000
	Cash and cash equivalents cash flow statement at beginning of period			10210000000
	Cash and cash equivalents cash flow statement at end of period			11500000000