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DGAP-Adhoc: Tele Columbus AG: Klarstellung der Prognoseanpassung für das Geschäftsjahr 2021 Seite 1

DGAP-Adhoc: Tele Columbus AG: Klarstellung der Prognoseanpassung für das Geschäftsjahr 2021 Seite 1
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United Spirits slips 7% as net sales, profit fall in December quarter


Shares of United Spirits slipped 7 per cent to Rs 597 on the BSE in Thursday s intra-day trade following its December quarter numbers announcement. Despite a rebound in performance, the management remains cautiously optimistic due to continued uncertainty in the medium term. In the past one month, the stock has outperformed the market by surging 14 per cent as against a 1 per cent gain in the S&P BSE Sensex till Wednesday.
“Despite a quicker rebound than originally expected, in the near-term, there are still reasons to remain cautious and consequently, the company is not providing quantitative guidance for fiscal 2021. Our business continues to exhibit strong fundamentals and our focus to “Emerge stronger” will hold us in good stead,” Anand Kripalu, CEO, commenting on the financial results said. ....

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