<p>The company had posted a net profit of Rs 74.60 crore for the quarter ended September 30, 2010, United Spirits said in a filing to BSE.<br /><br />Net sales of the company stood at Rs 1,790.62 crore for the quarter ended September 30, 2011. It was Rs 1,354.20 crore for the corresponding period previous fiscal.<br />The figures for the quarter ended September 30, 2011 are not comparable with the corresponding year-ago periods due to the the merger of Balaji Distilleries Ltd, the company said.<br /><br />In terms of volume sales, the company saw 8 per cent growth to at 28.7 million cases. The same for the corresponding period last fiscal was at 26.6 million cases, USL said.<br /><br />"Spirit costs during the quarter were up 11 per cent (Rs 15 per case approximately) compared to the corresponding quarter of the previous fiscal," the company said.<br /><br />During the quarter the company undertook a GBP 370 million refinance of remnant debt originally taken for the acquisition of Whyte & Mackay (W&M), it added.<br /><br />USL said production at recently acquired units of Pioneer Distilleries and Sovereign Distilleries has been increasing.<br /><br />National roll out of new brands as Signature Premier, Vladivar Vodka and three twin-combo flavours of the millionaire brand White Mischief Vodka is underway and company expects increase in brand launches and brand building expenditure in subsequent quarters, United Spirits said.<br /><br />On the international business, the company said its emerging markets division has already forayed into new markets in Africa and Asia and supplies of IMFL and Whyte & Mackay brands to these markets will be through this division.<br /><br />USL scrips were trading at Rs 869.05 per share in the afternoon trade on BSE, up 4.23 per cent from its previous close.</p>
<p>The company had posted a net profit of Rs 74.60 crore for the quarter ended September 30, 2010, United Spirits said in a filing to BSE.<br /><br />Net sales of the company stood at Rs 1,790.62 crore for the quarter ended September 30, 2011. It was Rs 1,354.20 crore for the corresponding period previous fiscal.<br />The figures for the quarter ended September 30, 2011 are not comparable with the corresponding year-ago periods due to the the merger of Balaji Distilleries Ltd, the company said.<br /><br />In terms of volume sales, the company saw 8 per cent growth to at 28.7 million cases. The same for the corresponding period last fiscal was at 26.6 million cases, USL said.<br /><br />"Spirit costs during the quarter were up 11 per cent (Rs 15 per case approximately) compared to the corresponding quarter of the previous fiscal," the company said.<br /><br />During the quarter the company undertook a GBP 370 million refinance of remnant debt originally taken for the acquisition of Whyte & Mackay (W&M), it added.<br /><br />USL said production at recently acquired units of Pioneer Distilleries and Sovereign Distilleries has been increasing.<br /><br />National roll out of new brands as Signature Premier, Vladivar Vodka and three twin-combo flavours of the millionaire brand White Mischief Vodka is underway and company expects increase in brand launches and brand building expenditure in subsequent quarters, United Spirits said.<br /><br />On the international business, the company said its emerging markets division has already forayed into new markets in Africa and Asia and supplies of IMFL and Whyte & Mackay brands to these markets will be through this division.<br /><br />USL scrips were trading at Rs 869.05 per share in the afternoon trade on BSE, up 4.23 per cent from its previous close.</p>