United Spirits

United Spirits
Company typePublic
BSE532432
NSEUNITDSPR
IndustryDrink industry
PredecessorMcDowell and Company
Founded1826 (1826)
Fort St. George, Madras, Madras Presidency, British India
FounderAngus McDowell
Headquarters
UB Tower, No. 24, Vittal Mallya Road, Bangalore, Karnataka
,
India
Area served
Worldwide
Key people
Hina Nagarajan (MD & CEO)
ProductsAlcoholic beverages: spirits, beer and wine
RevenueIncrease 11,321 crore (US$1.4 billion) (FY24)[1]
Increase 2,001 crore (US$240 million) (FY24)[1]
Increase 1,408 crore (US$170 million) (FY24)[1]
Total assetsIncrease 9,762 crore (US$1.2 billion) (2023)[2]
Total equityIncrease 6,000 crore (US$720 million) (2023)[2]
Number of employees
3,200 (2022)[2]
ParentDiageo (54.8%)[3]
Websitewww.diageoindia.com

United Spirits Limited, abbreviated to USL, is an Indian alcoholic beverages company, and the world's second-largest spirits company by volume.[4] It is a subsidiary of Diageo, and headquartered at UB Tower in Bangalore, Karnataka. USL exports its products to over 37 countries.[3]

According to the official website of the company, as of March 2013, USL has more than 140 liquor brands, of which 15 brands each sell more than one million cases annually while 3 brands each sell more than 10 million cases annually.[5]

  1. ^ a b c "Press release for the quarter and year ended 31st March 2024" (PDF). BSE. United Spirits Limited. Retrieved 3 July 2024.
  2. ^ a b c "United Spirits Ltd. Financial Statements". moneycontrol.com.
  3. ^ a b "About Us > USL at a Glance". Unitedspirits.in. Retrieved 27 July 2013.
  4. ^ M Padmakshan (25 January 2010). "USL's now world's No 2 spirit co, replaces Pernod". The Economic Times. ET Bureau. Retrieved 27 July 2013.
  5. ^ "United Spirits Limited (USL) - Who We Are | About Us". Unitedspirits.in. 31 March 2013. Retrieved 7 August 2015.

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