New Delhi: Liquor firm United Spirits (USL) today reported a standalone net loss of Rs 1,799.28 crore for the three months ended March 31.
USL had registered a net loss of Rs 5,380.10 crore in the same period of the previous fiscal.
Total income of United Spirits rose marginally 5.5 per cent to Rs 2,051.26 crore during the quarter, as against Rs 1,943.34 crore a year ago, United Spirits Ltd (USL) said in a filing to BSE.
In view of the loss, USL said its Board has not recommended any dividend on shares of the company for the year ended March 31, 2015, the filing added.
USL shares were trading at Rs 3,546 on BSE at 12:07 p.m., down 1.96 per cent from the previous close.
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