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United Breweries
United Breweries Ltd (UBL) continues to see positive demand momentum in the first two months of the ongoing second quarter, driven by growth in premium brands, according to its Managing Director and CEO, Vivek Gupta. UBL has maintained its FY27 outlook of double-digit revenue growth, with the premium brands portfolio expected to grow over 20 per cent, despite an estimated Rs 300-350 crore cost impact from the ongoing war-related disruptions this fiscal, he said on Tuesday. When asked about the demand in the first two months of the September quarter, he said, "We just closed the second month. I can say we continue to see positive momentum." On the premiumisation front, the company has announced the expansion of Heineken Silver into three new states Madhya Pradesh, Odisha and Kerala. The brand is growing at over 40 per cent nationally, Gupta said, adding that the company continues to see strong momentum behind it. The owner of Heineken and Kingfisher beer brands, which reported a 1
Beer maker United Breweries Ltd on Tuesday reported a 9.64 per cent decline in its consolidated net profit to Rs 166.28 crore in the June quarter of FY'27 due to higher expenses and West Asia conflict hitting its margins. The company, controlled by Dutch multinational brewing company Heineken NV, had posted a net profit of Rs 184.03 crore in the April-June quarter a year ago, United Breweries Ltd (UBL) said in a regulatory filing. However, UBL's revenue from operations was up 10 per cent to Rs 5,919.44 crore in the June quarter of FY27. It was at Rs 5,380.78 crore in the corresponding period a year ago. The growth was led by the beer category, which continued double-digit growth, said UBL in its earnings statement. "UBL sell-in volumes were up 9%, and sell-out volumes were up 13% in Q1 FY27, while deliberately reducing inventory levels (-20%) to improve cash flow," it said. Its net sales grew over 7 per cent, driven by volume growth, price increases and favourable geographic mix .
Food safety regulator FSSAI on Sunday said it has issued notices to several alcoholic beverage manufacturing units of United Spirits Ltd and INBREW Beverages for adding flavours that mimic a product's natural profile. In an official statement, the Food Safety and Standards Authority of India (FSSAI) clarified that there is no prohibition on the use of flavouring substances. The regulator said that the notices have been issued as certain manufacturers are adding the flavour of the standardised alcoholic beverage itself. For instance, the addition of rum flavour in rum or whisky flavour in whisky. On July 10, FSSAI said it had issued notices to alcoholic beverage manufacturers for alleged violations of the Food Safety and Standards (Alcoholic Beverages) Regulations, 2018, including the unauthorised use of added flavours and non-compliance with age-related claims. Last month, when the regulator had issued a notice, it had not disclosed the names of alcoBev players and their respective
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