CatalystIndia
United Breweries Q2 Results: Profit jumps nearly 3 times to Rs 134 crore on volume growth, premiumisation
Profit nearly tripled to Rs 134 crore on volume growth and premiumisation.
Context
What happened: United Breweries Ltd reported a nearly three-fold rise in net profit for the September quarter, with revenue from operations up 23.7 percent year-on-year.
Key numbers: Net profit Rs 134 crore; revenue up 23.7 percent year-on-year.
Why it matters: Premium volumes surged, particularly for Heineken Silver and Kingfisher Ultra, and operating efficiency and cost control contributed to profitability expansion. UBL remains optimistic about future growth in the Indian beer market.
What changed
United Breweries Ltd reported a nearly three-fold rise in net profit for the September quarter, with revenue from operations up 23.7 percent year-on-year.
Why it matters
Premium volumes surged, particularly for Heineken Silver and Kingfisher Ultra, and operating efficiency and cost control contributed to profitability expansion. UBL remains optimistic about future growth in the Indian beer market.