United Spirits

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Background

From 4 stories, the newest dated 9 Oct 2026. Summary written 13 Oct 2026.

United Spirits is an alcoholic beverages company in India that sells Smirnoff and operates a prestige and above portfolio. [1] source: Mint

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Its prestige & above net sales value was ₹2,478 crore in Q1 FY27, up 10%. [1] source: Mint

In October 2026, United Spirits launched Smirnoff Ice and Smirnoff Ice Max, at 4% and 8% ABV, in Goa, Bengaluru and Mumbai, entering India's ready-to-drink segment. [1] source: Mint Smirnoff net sales value reached nearly ₹250 crore in Q1 FY27, and Smirnoff FY26 sales were about ₹350 crore. [1] source: Mint India's RTD volume in 2025 was about 5.3 million nine-litre cases, and its value was over $200 million. [1] source: Mint ET Small Business reported that Diageo India also launched Smirnoff Ice, with peach and jamun flavours, against Bacardi's Breezer. [2] source: ET Small Business

Elara Capital's Karan Taurani favoured Nykaa, Trent and United Spirits in October 2026 as GST cuts lift discretionary demand. [3] source: CNBC-TV18 Radico Khaitan, Allied Blenders and Distillers and Tilaknagar Industries are named alongside it. [3] source: CNBC-TV18 Radico Khaitan reported June-quarter net profit of ₹229.60 crore, up 76 per cent, as premiumisation drove growth across Indian liquor makers. [4] source: Business Standard

Sources

  1. United Spirits launches Smirnoff Ice in India, betting on the fast-growing ready-to-drink segmentMint

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