United Spirits share price in focus on Friday, January 23; here is why

The company operates as a holding company of Diageo.

Shares of United Spirits are expected to be in focus, as Adar Poonawalla, the CEO of the Serum Institute of India, said he will be tabling a "strong and competitive" bid for the Royal Challengers Bengaluru IPL team.

"Over the next few months, I will be putting in a STRONG and COMPETITIVE bid for RCB, one of the best teams in the IPL," Poonawalla wrote on his official 'X' handle.

RCB (Royal Challengers Bengaluru) is currently owned by United Spirits Ltd (USL).

"Royal Challengers are the defending IPL champions and, perhaps, have the biggest fan base among the 10 teams in the league," said a PTI report.

United Spirits Q3 FY26 Earnings

Diageo-controlled liquor maker United Spirits Ltd on Tuesday reported a 24.77% rise in its consolidated net profit to ₹418 crore for the December quarter of FY26.

The company had posted a net profit of ₹335 crore in the October-December quarter a year ago, according to a regulatory filing by United Spirits Ltd (USL).

Its revenue from operations rose 2.71% to ₹7,942 crore in the December quarter under review. It was ₹7,732 crore in the corresponding period of the previous fiscal.

USL's total expenses stood at ₹7,442 crore, up 2.56% in the December quarter.

The net sales value (NSV) of USL was ₹3,683 crore, up 7.3% in the third quarter of FY26.

This was "driven by solid performance in the top half of the portfolio, partly offset by the adverse policy-led impact in Maharashtra and lapping the one-time retail pipeline fill in Andhra Pradesh in the prior year comparative", said USL in its earnings statement.

Its EBITDA was ₹599 crore, up 5.5% in Q3/FY26, driven by the standalone business of the company, it added.

USL's The Prestige & Above segment accounted for 90% of net sales during the third quarter. Net sales of this segment increased 8.2%.

The popular segment accounted for 8.7% of net sales. The popular segment net sales fell 4.6% on a year-on-year (YoY) basis.

Its total income was ₹7,993 crore, up 2.42%.

It has brands such as McDowell's, Royal Challenge, Signature, Johnnie Walker, and Black Dog in its fold.