United Spirits Q4 down at Rs 1,800 crore

Published on May 27, 2015 10:29:29 AM
Business

The quarter ending results of united Spirits has posted a net loss of Rs 1,800 crore when compared to Rs 5,380 crore during the corresponding period last year.

Net sales went up to Rs 2,020 crore by 5 per cent when compared to Rs 1,917 crore in March 2014.

The board of the company has taken a decision to not recommend any dividend for FY15 due to the loss.

Total income for the quarter rose by 5.5 per cent to Rs 2,051.2 crore as against Rs 1,943.3 crore.