United Breweries to gain from volume recovery, easier regulations

Margins, however, could remain under pressure due to high barley, glass prices

The stock of India’s largest beer maker United Breweries (UBL) was up 6 per cent over the last two trading sessions. Robust recovery in sales volumes, easing regulatory policies and long-term growth triggers are expected to keep the revenue growth trajectory strong for UBL

Earlier in the week, its parent Heineken while announcing its global March quarter results said that UBL's beer volumes in India grew by a high-single-digit, outperforming the market. Heineken also highlighted that UBL experienced progressive growth during the quarter with the declining impact of the Covid omicron variant. The March quarter is expected to be the