United Spirits Limited reported audited standalone earnings results for the fourth quarter, full year and consolidated earnings results for the full year ended March 31, 2018. For the quarter, on standalone basis, the company reported revenue from operations of INR 69,004 million against INR 64,852 million a year ago. Profit before exceptional items and tax was INR 2,993 million against INR 1,523 million a year ago. Profit before tax was INR 3,361 million against loss of INR 1,385 million a year ago. Profit for the period was INR 2,110 million or INR 14.52 per basic and diluted share against loss of INR 1,042 million or INR 7.17 per basic and diluted share a year ago. EBITDA was INR 2,740 million, up 5%, driven by increased gross profit, partially offset by timing of staff costs and increased marketing investment.

For the full year, on standalone basis, the company reported revenue from operations of INR 260,691 million against INR 253,988 million a year ago. Profit before exceptional items and tax was INR 8,313 million against INR 5,808 million a year ago. Profit before tax was INR 8,403 million against INR 2,546 million a year ago. Profit for the period was INR 5,617 million or INR 38.65 per basic and diluted share against INR 1,699 million or INR 11.69 per basic and diluted share a year ago. EBITDA was INR 10,220 million, up 5%.

For the full year, on consolidated basis, the company reported revenue from operations of INR 265,559 million against INR 257,568 million a year ago. Profit before exceptional items and tax was INR 9,563 million against INR 5,308 million a year ago. Profit before tax was INR 9,118 million against INR 1,627 million a year ago. Profit attributable to owners was INR 6,338 million or INR 44.68 per basic and diluted share against INR 1,001 million or INR 7.06 per basic and diluted share a year ago. Profit attributable to owners was INR 6,338 million against INR 1,001 million a year ago.

For the year 2019, the company expected tax rate between 33% to 34% range.