Q2 2020 United Spirits Ltd Earnings Call Transcript

Oct 25, 2019 / 06:30AM GMT
Operator

Ladies and gentlemen, good day, and welcome to United Spirits Limited's Q2 FY '20 Results Conference Call. (Operator Instructions) Please note that this conference is being recorded.

I now hand the conference over to Mr. Anand Kripalu, Managing Director and Chief Executive Officer; and Sanjeev Churiwala, Executive Director and Chief Financial Officer, United Spirits Limited. Thank you. And over to you, sir.

Anand Kripalu - United Spirits Limited - MD, CEO & Additional Director

Thank you very much, and good day, everyone, and a warm welcome to the F '20 Q2 and H1 results call. As we normally do before we open the lines for Q&A, I'm just going to give you a brief summary of our results that we announced last evening.

As you have seen, our revenue growth in this quarter was soft. The performance has been adversely impacted by both external as well as some one-off internal operating challenges. External challenges, of course, as you know, include the broad-based consumption slowdown, and that is also leading to some liquidity challenges

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