United Spirits Limited (USL), a subsidiary of Diageo India, reported a consolidated net profit of ₹539 crore for the fourth quarter of fiscal year 2026, reflecting a 28% increase from ₹421 crore in the same period last year. The company's revenue also increased by 3.7% year-on-year to reach ₹3,054 crore, largely driven by a 5% growth in its Prestige & Above segment. However, the Popular segment faced challenges, with net sales declining by 13.2% due to the adverse effects of the Maharashtra Made Liquor (MML) policy. Despite these challenges, the overall portfolio, excluding Maharashtra and Andhra Pradesh, showed an 8.5% growth at the national level. Gross profit rose by 9.9%, and the gross margin expanded by 281 basis points to 47.3%. Praveen Someshwar, CEO of Diageo India, expressed confidence in the company's performance, citing the resilience shown in fiscal 2026 and the potential for double-digit growth in the upcoming fiscal year. The company also announced plans to sell its stake in Royal Challengers Sports Private Limited, aiming to sharpen its focus on alcoholic beverages. Looking ahead, Diageo India remains optimistic about capitalizing on consumer opportunities through innovative offerings and favorable government policies.