Q2 2021 United Spirits Ltd Earnings Call Transcript

Nov 05, 2020 / 06:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to United Spirits Limited Q2 FY '21 Results Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Anand Kripalu, Chief Executive Officer; and Mr. Pradeep Jain, Chief Financial Officer from United Spirits Limited. Thank you, and over to you, sir.

Anand Kripalu - United Spirits Limited - MD, CEO & Additional Director

Thank you very much, and hello, everyone, and a warm welcome to the F '21 Second Quarter and Half Year Results Call. As we normally do, before we open the lines to Q&A, I just wanted to share a perspective of the results that we announced last evening. As everyone is well aware, we entered this fiscal in an unprecedented and challenging external environment, driven because of the pandemic.

It's reassuring to see progressive improvement in the environment as the economy progressively opens. While the on-trade continued to remain closed for a good part of Q2, the off-trade channel is pretty much back to pre

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