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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.

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.
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.
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.
Sources