United Spirits Q3 Results: Profit slumps 64.4% QoQ hurt by soaring input costs

Indian alcoholic beverage maker United Spirits Ltd NSE -5.90 % on Tuesday reported a 64.4% slump in quarterly profit, hurt by soaring input costs, falling sales and a one-time expense. The maker of Johnny Walker whiskey reported a profit of 1.11 billion rupees ($13.61 million) in the quarter ended Dec. 31, down from 3.11 billion rupees in the previous year. The
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