United Spirits Q2 profit falls to Rs 69.6 crore

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United Spirits Ltd has announced the unaudited financial results for the quarter ended September 30, 2009. The Company has posted a net profit of Rs 696.00 million for the quarter ended September 30, 2009 where as the same was at Rs 938.90 million for the quarter ended September 30, 2008. Total Income is Rs 10909.50 million for the quarter ended September 30, 2009 where as the same was at Rs 9145.10 million for the quarter ended September 30, 2008.

The figures for the Quarter ended September 30, 2009, six months ended September 30, 2009 and for the year ended March 31, 2009 are after giving effect to the Schemes of Amalgamation of SWCL, Primo and Zelinka, while figures for the Quarter ended September 30, 2008 and six months ended September 30, 2008 are those of the Company prior to the amalgamation of SWCL, Primo and Zelinka and, hence, are not comparable.

The stock was trading at Rs.1021, down by Rs.27.20 or 2.59%. The stock hit an intraday high of Rs.1043 and low of Rs.1020.

The total traded quantity was 8734 compared to 2 week average of 257497.

Source: Equity Bulls

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