United Spirits Ltd (BOM:532432)
₹ 1186.95 16.5 (1.41%) Market Cap: 863.33 Bil Enterprise Value: 845.13 Bil PE Ratio: 66.38 PB Ratio: 12.38 GF Score: 89/100
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Q3 2021 United Spirits Ltd Earnings Call Transcript

Jan 28, 2021 / 06:30AM GMT
Release Date Price: ₹593.95 (-7.88%)
Operator

Ladies and gentlemen, good day, and welcome to the United Spirits Limited Q3 FY '21 Results Conference Call. (Operator Instructions) Please note that this conference is 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.

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

Thank you very much, and hello, everyone, and a warm welcome to the F '21 Q3 results call. As we normally do, before we open up the lines for your questions, I wanted to share a perspective of the results that we announced last evening.

Now as we all know, India is experiencing a good sequential recovery. And it is reassuring to see progressive improvement in consumer spending and particularly in premiumization. However, socializing, which is central to our category remains somewhat subdued with hardly any large events, which have been substituted in part by some smaller gathering. Encouragingly, the quarter

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