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United Spirits to shut Hyd unit that generated ₹600 cr revenue
short by Vaishnavi Mishra / on Friday, 5 June, 2026
United Spirits will shut operations at its manufacturing unit in Hyderabad by August 31. The facility contributed about 2% of the company's revenue from operations, or nearly ₹599 crore. The closure is part of company's multi-year Supply Chain Agility Programme, under which it plans to transfer the excise licence issued by the Telangana Prohibition and Excise Department to another party.
read more at NDTV Profit