United Spirits shares rally over 6% on solid Q1 results

United Spirits' shares rose 6.5% to Rs 1,416.85 on BSE after a Q1 net profit of Rs 485 crore for June 2024, up 2%. Revenue grew 7%, with beverage alcohol up 8% and sports down. CEO Hina Nagarajan mentioned fiscal 2025 performance, renovation, long-term competitiveness, and soft demand. Investments worth Rs 7.