Diageo's court challenge puts FSSAI's liquor crackdown under scrutiny, as the company questions the authority and timing of the rum ban and says the process was legally flawed
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 .
Amid the ongoing West Asia linked supply issues the company has initiated pricing interventions and operating cost optimisation measures to mitigate operational pressures.
Adie Broswon Breweries has entered a long-term manufacturing deal with United Breweries, with its large-scale brewing facility set to support regional production
The stock price Kaynes Technology was quoting lower for the fifth straight day, plunging 27 per cent during the period.
The stock was under pressure after Devans Modern Breweries announced the closure of its brewery unit at Focal Point, Ludhiana, Punjab, effective June 30, 2026,
United Breweries share price fell 5 per cent and hit a 52-week low on Wednesday, after Q4FY26 results, flagged Iran war-driven cost pressures and weak margin outlook
Pernod Ricard reported strong growth in India mainly driven by premiumisation thus giving a positive outlook for other liquor companies operating in the country.
Stocks to Watch today, March 19: HDFC Bank, Ultratech, Vedanta, United Breweries, and Belrise Industries are among the top stocks to watch today
Karnataka's new alcohol policy may benefit United Spirits and United Breweries as tax reforms and pricing flexibility could drive premiumisation, analysts said
Liquor stocks: Karnataka Chief Minister Siddaramaiah today announced a shift to a global taxation standard and the complete deregulation of alcohol pricing.
ICICI Securities says Indian units of global firms like HUL and Nestle India command premium valuations, making domestic listings a value unlocking strategy