United Spirits Ltd (BOM:532432)
₹ 1567.15 2.8 (0.18%) Market Cap: 1.14 Til Enterprise Value: 1.12 Til PE Ratio: 78.47 PB Ratio: 14.94 GF Score: 89/100
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Q1 2023 United Spirits Ltd Earnings Call Transcript

Jul 27, 2022 / 12:00PM GMT
Release Date Price: ₹792.85 (-6.73%)
Operator

Ladies and gentlemen, good day, and welcome to the United Spirits Limited Q1 FY '23 Earnings Conference Call. (Operator Instructions).

I now hand the conference over to Ms. Hina Nagarajan, Managing Director and Chief Executive Officer; and Mr. Pradeep Jain, Chief Financial Officer from United Spirits Limited. Thank you, and over to you.

Hina Nagarajan
United Spirits Limited - MD, CEO & Director

Thank you very much. Good evening, ladies and gentlemen. Thank you for joining us on the Q1 earnings call of United Spirits Limited. As always, it's a pleasure to interact with all of you. I'm joined by Richa, our Investor Relations Head; and Pradeep, our CFO.

Let me provide a context on the results that we announced Tuesday evening, and then we can open it up for Q&A. As a headline, we delivered a growth of 34% in the first quarter, lapping soft comparators in prior year. Our price mix was 16.4%. The strategic focus on premiumization reflects in our numbers. On-trade saliency was back to pre-Covid levels, and we are seeing sequential gains in

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