Financial Results for quarter and half year ended September 30, 2026

United Spirits Limited Registered Office: UB Tower #24, Vittal Mallya Road, Bengaluru 560 001 Tel: +91 80 2221 0705 Fax: +91 80 2224 5253 www.diageoindia.com 28th October 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 and half year ended 30th September 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 and half year ended 30th September 2026. The same along with Limited Review Report received from the Statutory Auditors of the Company is enclosed herewith. The meeting commenced at 14:00 hours IST and concluded at 15:50 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 Corporate Identity Number: L01551KA1999PLC024991 contactus.india@diageo.com 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 and six months ended September 30, 2026 Quarter ended Half year ended Year ended Particulars September 30, 2026 June 30, 2026 September 30, 2025 September 30, 2026 September 30, 2025 March 31, 2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) 1 Income (a) Revenue from operations 7 ,001 6 ,113 7 ,192 1 3,114 1 3,015 2 7,781 (b) Other income 64 222 76 286 137 576 Total income 7 ,065 6 ,335 7 ,268 1 3,400 1 3,152 2 8,357 2 Expenses (a) Cost of materials consumed 1 ,726 996 1 ,637 2 ,722 2 ,822 5 ,659 (b) Purchase of stock-in-trade 292 239 432 531 567 1 ,147 (c) Changes in inventories of finished goods, (323) 222 ( 392) (101) ( 284) ( 140) work-in-progress and stock-in-trade (d) Excise duty 3 ,743 3 ,410 4 ,022 7 ,153 7 ,296 1 5,333 (e) Employee benefits expense 153 133 175 286 311 623 (f) Depreciation and amortisation expense 74 70 65 144 133 283 (g) Others: (i) Advertisement and sales promotion 378 312 241 690 479 1 ,295 (ii) Other expenses 389 369 405 758 737 1 ,568 (h) Finance costs 24 30 21 5 4 70 158 Total expenses 6 ,456 5 ,781 6 ,606 1 2,237 1 2,131 2 5,926 3 Profit before exceptional items and tax (1 - 2) 6 09 554 662 1,163 1,021 2 ,431 4 Exceptional items, net (refer note 7) 11 (81) (30) (70) (41) (91) 5 Profit before tax (3 + 4) 620 473 632 1,093 980 2,340 6 Income tax expense (a) Current tax 163 84 164 247 259 637 (b) Current tax relating to earlier years - - - - - 2 (c) Deferred tax credit (5) (2) (4) (7) (9) (129) Total tax expense 158 82 160 240 250 510 7 Profit for the period (5 - 6) 4 62 391 472 853 7 30 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 plans - - - - - (1) (ii) Income tax credit relating to above - - - - - 0 Other comprehensive income, net of income tax - - - - - ( 1) 9 Total comprehensive income (7 + 8) 462 391 472 853 730 1,829 145 145 145 145 145 145 each) 11 Other equity 8 ,576 6.35 5.38 6.49 1 1.73 1 0.04 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 Standalone Statement of assets and liabilities as at September 30, 2026 As at As at Particulars September 30, 2026 March 31, 2026 Unaudited Audited ASSETS Non-current assets Property, plant and equipment 7 96 8 31 Right-of-use assets 3 98 3 81 Capital work-in-progress 1 14 7 0 Intangible assets 7 1 1 Investment properties 8 4 5 8 Financial assets Investments in subsidiaries, joint ventures and associate 3 04 3 01 Trade receivables 3 57 3 51 Other financial assets 1 03 3 08 Deferred tax assets (net) 2 91 2 84 Current tax assets (net) 7 85 1 ,191 Other non-current assets 3 22 2 74 Total non-current assets 3 ,561 4 ,060 Current assets Inventories 2 ,672 2 ,659 Financial assets Investments 9 03 1 ,153 Trade receivables 3 ,742 3 ,592 Cash and cash equivalents 1 ,172 8 55 Bank balances other than cash and cash equivalents 1 ,571 1 ,027 Loans - 1 Other financial assets 8 2 5 9 Other current assets 3 06 3 91 Total current assets before asset classified as held for sale 10,448 9 ,737 Assets classified as held for sale 8 5 6 7 Total current assets 10,533 9 ,804 Total assets 14,094 13,864 EQUITY AND LIABILITIES EQUITY Share capital 1 45 145 Other equity Reserves and surplus 8 ,646 8 ,576 Total equity 8 ,791 8 ,721 LIABILITIES Non-current liabilities Financial liabilities Lease liabilities 2 83 3 07 Provisions 4 3 3 9 Total non-current liabilities 3 26 3 46 Current liabilities Financial liabilities Lease liabilities 1 42 9 8 Trade payables (A) total outstanding dues of micro and small enterprises 1 40 1 40 (B) total outstanding dues of creditors other than micro and small 2 ,171 2 ,237 enterprises Other financial liabilities 2 77 2 69 Provisions 4 91 5 00 Current tax liabilities (net) 7 99 5 71 Other current liabilities 9 57 9 82 Total current liabilities 4 ,977 4 ,797 Total liabilities 5 ,303 5 ,143 Total equity and liabilities 14,094 13,864 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 Cash flows for the six months ended September 30, 2026 Six months ended Six months ended Particulars September 30, 2026 September 30, 2025 Unaudited A. CASH FLOW FROM OPERATING ACTIVITIES QPuroafritte br eefnodree dta xSeptember 30, 2023 1,093 980 0Adjustments for 0Depreciation and amortisation expense 144 133 Employee share-based payment expense 8 10 Loss allowance on trade receivables, other assets and other financial assets (net) 3 3 Profit on redemption of mutual funds units (45) (27) Increase in fair value of mutual funds units (net) (22) (31) Finance costs 54 70 Dividend income from a subsidiary (150) - (Gain)/loss on disposal of property, plant and equipment and investment properties (net) 1 (22) Interest income on term deposit with banks (61) (40) Interest income from loan to joint venture - (1) Exceptional items (net) 70 41 0Exchange loss on translation of foreign currency monetary assets and liabilities 1 1 Operating profit before changes in working capital 1,096 1,117 (Increase) / decrease in trade receivables (157) 91 (Increase) / decrease in loans and other financials assets (26) 251 (Increase) / decrease in other assets 50 55 (Increase) / decrease in inventories (13) (601) Increase / (decrease) in trade payables (66) 25 Increase / (decrease) in other financial liabilities (92) (59) Increase / (decrease) in other liabilities (25) 149 Increase / (decrease) in provisions (40) 75 Cash generated from operations 727 1,103 Income taxes paid (net of refunds) 381 (275) Net cash generated from operating activities (A) 1,108 828 B. CASH FLOW FROM INVESTING ACTIVITIES Purchase of property, plant and equipment and intangible assets (114) (89) Proceeds from sale of property, plant and equipment and investment property 3 31 Purchase of current investments - (1,047) Redemption of current investments 395 780 Investment in term deposits with banks (817) (622) Redemption of term deposits from banks 423 655 Investments in subsidiary, joint ventures and associate (3) (93) Repayment of loan by subsidiary and joint venture - 18 Repayment of loans given to others 1 2 Interest received 38 48 Div [Showing first 8,000 characters — download PDF for full document]