Q3 2020 United Spirits Ltd Earnings Call Transcript
Ladies and gentlemen, good day, and welcome to United Spirits Limited's Q3 FY '20 Results Conference Call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Anand Kripalu, Managing Director and Chief Executive Officer; and Mr. Sanjeev Churiwala, Executive Director and Chief Financial Officer, United Spirits Limited.
Thank you, and over to you.
Thank you very much. And hi, everyone, and a very warm welcome to the F '20 third quarter and 9 months results call.
As we normally do before we open the lines for Q&A, I just want to share a brief summary and an overview of the results that we announced last evening.
As you might have seen from our published results, despite the impacts of the ongoing slowdown on the industry and the growth of the industry, we saw a sequential improvement in our top line. Net sales for the quarter grew just over 3%, up from a flat performance in the second
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