United Spirits Q3 FY26 Profit and Revenue Rise Amid Margin Pressure; Shares Decline

United Spirits reported mixed Q3 FY26 results with net profit rising between 11.8% and 24.8% year-on-year to Rs 418-529 crore, surpassing some estimates. Revenue grew 7.3%-7.6% to around Rs 3,683-3,694 crore, driven by the premium 'Prestige Above' segment, while the popular segment declined due to policy impacts in Maharashtra. EBITDA increased modestly but margins contracted slightly. Despite earnings growth, shares fell over 3% as investors reacted cautiously to margin pressures and revenue growth concerns.