“Over the next few months, I will be putting in a STRONG and COMPETITIVE bid for RCB, one of the best teams in the IPL,” Poonawalla wrote on his official X handle. Royal Challengers Bengaluru is owned by United Spirits Ltd., the Bengaluru-based alcoholic beverage company and the world’s second-largest spirits maker by volume.
“Royal Challengers are the defending IPL champions and, perhaps, have the biggest fan base among the 10 teams in the league,” said a PTI report.
Earnings backdrop
The spotlight on the stock comes days after United Spirits reported a sharp rise in December-quarter earnings. The company on Tuesday posted a 24.77% increase in consolidated net profit to Rs 418 crore for the third quarter of FY26, compared with Rs 335 crore a year earlier, according to a regulatory filing.
Revenue from operations rose 2.71% to Rs 7,942 crore in the quarter, from Rs 7,732 crore in the year-ago period, while total expenses increased 2.56% to Rs 7,442 crore.
Net sales value climbed 7.3% to Rs 3,683 crore in the third quarter. This was “driven by solid performance in the top half of the portfolio, partly offset by the adverse policy-led impact in Maharashtra and lapping the one-time retail pipeline fill in Andhra Pradesh in the prior year comparative,” the company said in its earnings statement.
Earnings before interest, tax, depreciation and amortization rose 5.5% to Rs 599 crore, “driven by the standalone business of the company,” it added.
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Portfolio mix
United Spirits said its Prestige & Above segment accounted for 90% of net sales during the quarter, with net sales in the segment increasing 8.2%. The popular segment contributed 8.7% of net sales, though net sales there fell 4.6% on a year-on-year basis.
Total income for the quarter stood at Rs 7,993 crore, up 2.42%. United Spirits’ portfolio includes brands such as McDowell’s, Royal Challenge, Signature, Johnnie Walker and Black Dog.
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