
United Spirits share price (NSE: UNITDSPR) rose more than 4% during intraday trade on July 24, 2026, even as the broader market remained weak. The stock touched an intraday high of ₹1,480, moving close to its 52-week high of ₹1,489.
The stock has gained around 6% over the last 3 trading sessions, supported by the company's steady financial performance for the June 2026 quarter (Q1 FY27).
United Spirits reported a 6% year-on-year (YoY) increase in standalone revenue to ₹2,703 crore during the June quarter.
The company's Prestige and Above (P&A) portfolio grew 10.1% YoY, supported by strong demand for premium brands, including the Smirnoff flavoured range, along with healthy growth across its premium portfolio.
However, the Popular segment declined 17.5% YoY to ₹206 crore, mainly due to policy changes in Maharashtra and Karnataka.
The company reported a gross margin of 46%, an improvement of 200 basis points compared to the previous year. The improvement was driven by a better product mix and operational efficiencies.
However, EBITDA margin declined by 60 basis points to 15.8%, mainly because of higher advertising and promotional spending during the quarter. The impact of higher raw material costs linked to the West Asia situation also weighed on margins.
United Spirits believes the India–UK Free Trade Agreement will support premiumisation in the Indian alcoholic beverage market. The agreement reduces import duties on Scotch whisky and gin, making premium imported products more affordable over time.
The company also expects long-term growth to be driven by:
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United Spirits, part of Diageo India, is one of India's leading alcoholic beverage companies. It owns a wide portfolio of premium spirits and whisky brands and continues to focus on premiumisation and expanding its presence across the country.
United Spirits shares moved closer to their 52-week high after reporting stable Q1 FY27 earnings and healthy growth in its premium portfolio.
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Published on: Jul 24, 2026, 2:27 PM IST

Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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