Financial Results for quarter ended June 30, 2026

22nd July 2026 BSE Limited The National Stock Exchange of India Limited Listing Department Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Dalal Street, Mumbai – 400 001 Bandra East, Mumbai – 400 051 Scrip Code: 532432 Scrip Code: UNITDSPR Dear Sirs, Sub: Intimation of Unaudited Financial Results for the quarter ended 30th June 2026 pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors of the Company at their meeting held today have inter-alia approved the unaudited financial results (standalone and consolidated) of the Company for the quarter ended 30th June 2026. The same along with Limited Review Report received from the Statutory Auditors of the Company is enclosed herewith. The meeting commenced at 14:50 hours IST and concluded at 18:23 hours IST. Also, note that the aforesaid information will be available on our website www.diageoindia.com. This is for your information and records. Thank you, For United Spirits Limited Pragya Kaul Company Secretary and Compliance Officer Encl: as above UNITED SPIRITS LIMITED 'UB Tower', # 24, Vittal Mallya Road, Bangalore - 560 001 Tel +91 80 2221 0705 | CIN: L01551KA1999PLC024991 | www.diageoindia.com Unaudited Standalone Statement of Financial Results for the quarter ended June 30, 2026 Quarter ended Year ended Particulars June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Refer note 7) (Unaudited) (Audited) 1 Income (a)Revenue from operations 6,113 6,838 5,823 2 7,781 (b)Other income 222 295 61 576 Total income 6 ,335 7 ,133 5 ,884 2 8,357 2 Expenses (a)Cost of materials consumed 1,175 1,729 1,185 5 ,998 (b)Purchase of stock-in-trade 60 90 135 808 (c)Changes in inventories of finished goods, work-in 222 (213) 1 08 (140) -progress and stock-in-trade (d)Excise duty 3,410 3,792 3,274 1 5,333 (e)Employee benefits expense 133 140 136 623 (f)Depreciation and amortisation expense 70 71 68 283 (g)Others: (i)Advertisement and sales promotion 312 300 238 1 ,295 (ii)Other expenses 369 409 332 1 ,568 (h)Finance costs 30 69 49 158 Total expenses 5 ,781 6,387 5 ,525 25,926 3 Profit before exceptional items and tax (1 - 2) 5 54 7 46 3 59 2 ,431 4 Exceptional items, net (refer note 6) ( 81) (40) (11) (91) 5 Profit before tax (3 + 4) 473 706 348 2 ,340 6 Income tax expense (a)Current tax 84 215 95 637 (b)Current tax relating to earlier years - - - 2 (c)Deferred tax credit ( 2) (80) (5) (129) Total tax expense 82 135 90 5 10 7 Profit for the period (5 - 6) 3 91 5 71 2 58 1 ,830 8 Other comprehensive income A.Items that will be reclassified to profit or loss - - - - B.Items that will not be reclassified to profit or loss (i)Remeasurements of post-employment benefit (1) (1) plans (ii)Income tax credit relating to above - 0 - 0 Other comprehensive income, net of income tax - (1) - ( 1) 9 Total comprehensive income (7 + 8) 391 570 258 1 ,829 10 145 145 145 145 each) 11 Other equity 8 ,576 5.38 7.85 3.55 2 5.16 UNITED SPIRITS LIMITED 'UB Tower', # 24, Vittal Mallya Road, Bangalore - 560 001 Tel +91 80 2221 0705 | CIN: L01551KA1999PLC024991 | www.diageoindia.com Unaudited Consolidated Statement of Financial Results for the quarter ended June 30, 2026 Quarter ended Year ended Particulars June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Refer note 7) (Unaudited) (Audited) 1 Income (a) Revenue from operations 6 ,122 6 ,855 5 ,823 2 7,816 (b) Other income 7 3 2 95 6 2 4 78 Total income 6 ,195 7 ,150 5 ,885 2 8,294 2 Expenses (a) Cost of materials consumed 1 ,179 1 ,736 1 ,185 6 ,007 (b) Purchase of stock-in-trade 6 0 9 0 1 35 8 08 (c) Changes in inventories of finished goods, work-in-progress 2 23 (219) 1 08 (141) and stock-in-trade (d) Excise duty 3 ,414 3 ,801 3 ,274 1 5,349 (e) Employee benefits expense 1 33 1 42 1 37 6 35 (f) Depreciation and amortisation expense 7 2 7 6 6 8 2 89 (g) Others: (i) Advertisement and sales promotion 3 12 3 00 2 33 1 ,295 (ii) Other expenses 3 72 4 12 3 32 1 ,577 (h) Finance costs 3 0 6 9 4 9 1 58 Total expenses 5 ,795 6 ,407 5 ,521 2 5,977 Profit before share of net loss of joint ventures, exceptional 3 4 00 7 43 3 64 2,317 items and tax (1-2) 4 Share of net loss of joint ventures ( 0) (0) ( 6) ( 7) 5 Profit before exceptional items and tax (3+4) 4 00 7 43 3 58 2 ,310 6 Exceptional items, net (refer note 6) ( 81) (40) (11) ( 91) 7 Profit before tax from continuing operations (5 + 6) 3 19 7 03 3 47 2 ,219 8 Income tax expense (a) Current tax 8 4 2 15 9 5 6 37 (b) Current tax relating to earlier years - - - 2 (c) Deferred tax credit ( 2) ( 80) ( 5) ( 129) Total tax expense 8 2 1 35 9 0 5 10 9 Profit for the period from continuing operations (7-8) 2 37 5 68 2 57 1,709 10 Discontinued operations Profit/(loss) before tax from discontinued operations 2 68 (45) 224 175 Less: Tax expense/(credit) of discontinued operations 4 2 (16) 64 46 Profit/(loss) after tax from discontinued operations 226 (29) 160 129 11 Profit for the period (9+10) 463 539 417 1,838 12 Other comprehensive income A. Items that will be reclassified to profit or loss (i) Exchange differences on translation of foreign operations 0 3 5 1 0 (ii) Share of other comprehensive income of joint ventures - - - - B. Items that will not be reclassified to profit or loss - (i) Remeasurements of post-employment benefit plans - ( 1) - ( 1) (ii) Share of other comprehensive income of joint ventures - - - - (iii) Income tax credit relating to above - 0 - 0 Other comprehensive income, net of income tax 0 2 5 9 13 Total comprehensive income (11+12) 4 63 5 41 4 22 1,847 14 Profit attributable to: a) Owners of the Holding Company 4 63 5 39 4 17 1 ,838 b) Non-controlling interest ( 0) ( 0) 0 ( 0) 15 Other comprehensive income attributable to: a) Owners of the Holding Company 0 2 5 9 b) Non-controlling interest - - - - 16 Total comprehensive income attributable to: (14+15) a) Owners of the Holding Company 4 63 5 41 4 22 1 ,847 b) Non-controlling interest ( 0) (0) 0 ( 0) 17 1 45 1 45 1 45 1 45 18 Other equity 8 ,812 Basic and diluted earnings per share (in INR)* From continuing operation 3.34 8 .00 3 .62 2 4.07 From discontinued operation 3.18 (0.41) 2 .25 1.82 *Note: In calculating the weighted outstanding equity shares during all the periods presented under Consolidated Statement of results, the Holding Company has reduced its own shares held by USL Benefit Trust (of which the Holding Company is the sole beneficiary). UNITED SPIRITS LIMITED 'UB Tower', # 24, Vittal Mallya Road, Bangalore - 560 001 Tel +91 80 2221 0705 | CIN: L01551KA1999PLC024991 | www.diageoindia.com Unaudited Consolidated Segment wise Revenue, Results, Assets and Liabilities as of and for the quarter ended on June 30, 2026 Quarter ended Year ended Particulars June 30, 2026 March 31, 2026 June 30, 2025 March 31, 2026 (Unaudited) (Refer note 7) (Unaudited) (Audited) 1 Segment revenue Beverage alcohol 2,708 3,054 2 ,549 12,467 Sports* 5 52 64 478 545 Total net segment revenue 3,260 3,118 3 ,027 13,012 Inter segment elimination (4) (0) (6) (5) Net segment revenue 3,256 3,118 3 ,021 13,007 Add: Excise duty (Beverage alcohol) 3,414 3,801 3 ,274 15,349 Less: Revenue from discontinued operations ( 548) (64) (472) (540) Revenue from operations 6,122 6,855 5 ,823 27,816 Segment results - Earning before interest, tax, depreciation and exceptional items (EBITDA) Beverage alcohol 4 29 593 419 2,286 Sports* 2 64 (51) 225 159 Total segment results 693 542 6 44 2,445 Other income 77 3 00 72 504 Depreciation and amortisation expense Beverage alcohol (72) (76) (68) (289) Sports* - - (8) (8) Finance costs (30) ( 69) (49) (158) Exceptional items, net (refer note 6) Beverage alcohol (81) (40) (11) (91) Sports* - - (3) (3) Share of net loss of joint ventures (0) (0) (6) (7) Profit before tax as per segment 587 658 5 71 2,394 Profit for the period from continuing operations 319 7 03 347 2,219 Profit for the period from discontinued 268 ( 45) 224 175 operation (Sports*) [Showing first 8,000 characters — download PDF for full document]