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VERIFIEDET Stocks·positive
United Spirits Q4 Results: Profit jumps 27% on demand for premium liquor
AI Summary
- ·United Spirits reported a 27% jump in profit for Q4 due to increased demand for premium liquor.
- ·Karnataka will remove government price controls on alcohol from April 2026.
- ·The state will shift to strength-based excise taxation, allowing companies to set prices.