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United Breweries
India's beer industry is witnessing a positive momentum, with sales growing at almost double-digit rates over the past few months, driven by favourable state-level reforms and weather conditions, said United Breweries Ltd (UBL) Managing Director and CEO Vivek Gupta . However, Gupta noted that despite the robust sales growth, the company's profitability continues to face pressure due to elevated input costs. "The trends in the beer category are positive, driven by good reforms in states like Karnataka and Maharashtra, and also by weather," Gupta told PTI on the sidelines of an event here. However, he also added that the beer industry remains under "severe cost pressure" on account of the impact of the ongoing global conflict on the prices of glass bottles, cans and imported materials, along with an unfavourable exchange rate, all of which have pushed up the cost of doing business. The overall industry is in a good shape from a top-line perspective, though there is impact on the ...
United Breweries Ltd on Monday announced the closure of its brewery unit in Ludhiana, Punjab from June 30 in the wake of a long-term capacity lease agreement with a contract brewing unit. The company has decided to close its brewery unit situated at C/60, Focal Point, Ludhiana, 141010, Punjab effective June 30, United Breweries Ltd (UBL) said in a regulatory filing. "We have entered into a long-term capacity lease agreement with a contract brewing unit, thereby securing the supplies of the company's beer in Punjab and neighbouring states, including Delhi," it said. UBL further said this long-term lease will play a pivotal role in meeting the future demand efficiently and sustainably through enhanced operations within the Punjab. "The closure of the Ludhiana brewery will not impact our business performance in the state," it said, adding that the company is "also committed to taking all necessary and responsible steps to support our employees and workmen through this transition". T
The Indian beer industry is facing a "major trouble" amid rising input costs triggered by the war, supply shortages, and restrictions on pricing imposed by state governments, said United Breweries Ltd (UBL) Chief Executive Officer and Managing Director Vivek Gupta. Urging for government intervention, he said the lack of regulatory support could stall growth and innovation in the sector and make it difficult to meet the promises. "I think the beer industry is in major trouble right now because of the war and the financial impact it has on input costs and the inability to take pricing without government approval," Gupta told PTI. The government has to come forward and support the domestic beer industry, otherwise it will stall innovation. The impact on beer is disproportionately higher than any other industry, he said. "There is a significantly bigger impact of war on our industry because of cost increase on bottles, raw materials, (Indian rupee against) dollar not being great, expo
Beer maker United Breweries Ltd has reported a two-fold jump in consolidated net profit of Rs 81.15 crore in the December quarter of FY26 on a year-on-year basis, driven by growth in its premium portfolio and improved margins. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 38.52 crore in the October-December quarter a year ago, United Breweries Ltd (UBL) said in a regulatory filing on Tuesday. However, UBL's revenue from operations was down 11.05 per cent to Rs 3,936.99 crore in the December quarter from Rs 4,426.55 crore in the corresponding period a year ago. "Beer category in Q3, FY26 was impacted by a colder-than-usual winter. Overall, sell-in volume declined 1.3 per cent, resulting in 2.6 per cent growth in YTD-FY26," said UBL in its earnings presentations. In the North, which included Rajasthan, Uttar Pradesh, Haryana, Delhi & Punjab, volumes declined 16 per cent in the quarter, while in East and South, volumes fell .