India's United Spirits gains after Q1 profit rise

United Spirits

23/07/2026 05:33

** Shares of India's United Spirits UNSP.NS rise 1.8% to 1,430 rupees
** DIageo's DGE.L India unit reports 51.6% jump in Q1 profit year-on-year; revenue from operations up 5%
** Investec says earnings broadly constructive, with high margin "prestige and above" segment sustaining double-digit growth despite volume softness
** Stock rated "buy", on average, by 24 analysts; median PT is 1500 rupees - LSEG-compiled data
** Stock down 0.9% YTD 
     

 (Reporting by Payel Das in Bengaluru)
 ((Payel.das@thomsonreuters.com))