United Spirits Ltd., known as Diageo India, has reported a 14.02% drop in net consolidated profits to ₹417 crore in the ...

Diageo India, the Indian branch of UK-based Diageo Plc and owner of the IPL franchise Royal Challengers Bengaluru (RCB), has firmly rejected rumours of selling the team. In a letter addressed to ...

Bloomberg most recently reported that Diageo, which owns RCB through its Indian subsidiary, United Spirits Limited, has initiated early discussions with its advisers. While the company is yet to ...

Diageo CEO Debra Crew has stepped down after two years in the job, the world's biggest spirits maker said on Wednesday, with finance chief Nik Jhangiani taking over in the interim as the company ...

We view Diageo as a financially sound company. The firm ended fiscal 2024 with net debt of around $20 billion, and net debt/adjusted EBITDA was 3.0 times. This puts leverage slightly below closest ...

Diageo’s cash generation is sound, with free cash flow margin averaging over 16% in the past three years and a decent interest coverage ratio of 5 times as of June 2024.