Liquor giant United Spirits Ltd (USL) has reported a consolidated profit after tax (PAT) of ₹417 crore during the first quarter of FY26, down from Q1 FY25’s ₹485 crore.
The company’s consolidated net sales value (NSV) grew 9.4% YoY to ₹3,021cr during the quarter ended 30 June, driven by the 8.4% growth in the standalone business and the 15.7% reported growth of the sports business, housed in USL’s 100% subsidiary Royal Challengers Sports Pvt Ltd (RCSPL).
RCSPL owns and operates Indian Premier League franchise Royal Challengers Bengaluru. RCB’s first title win in the 2025 edition of the IPL was the key driver in revenues directly attributed to sports rising 15.7% from ₹413cr in Q1 FY25, to ₹478cr.
Praveen Someshwar, CEO & MD, commented on the Q1FY26 performance, “We delivered a resilient quarter with the Prestige & Above portfolio sustaining its growth momentum while cycling a high prior year base. The quarter also marked the completion of the Nao Spirits acquisition. Looking ahead, we remain focused on our circle of control to lead the next wave of category growth through sharper portfolio, tailored consumer engagement, and revenue growth management.”
Headquartered in Bengaluru, Diageo India has one of the largest manufacturing footprints in the alcobev industry with 36 facilities across India. It manufactures, sells, and distributes Johnnie Walker, Black Dog, Black & White, VAT 69, Antiquity, Signature, The Singleton, Royal Challenge, McDowell’s No. 1, among others.
