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United Spirits falls 3% as quarterly loss narrows
Source: IRIS | 27 May, 2015, 01.09PM
Rating: NAN / 5 stars.
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United Spirits, engaged in manufacturing of beverage alcohol, witnessed a fall in share price on Wednesday after it reported net loss for the quarter ended March 2015 has narrowed to Rs 17,992.80 in the same quarter last year.

Revenues for the quarter  rose 10.96% to Rs 21,256.80 million, compared with Rs 19,158 million for the prior year period.

Shares of United Spirits are trading at Rs 3,507, down Rs 109.95, or 3.04% at the Bombay Stock Exchange (BSE) on Wednesday at 1:04 p.m.

Total volume of shares traded on the bourses today was lower by 73.11% to 419,651 compared with 22-day average volume of 1,560,470.

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