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Carlsberg India

Carlsberg India FY24 sales cross Rs 8K cr, profit up 60.5% to Rs 323 cr

Leading brewer Carlsberg India has seen its profit jump 60.5 per cent to Rs 323.1 crore in FY'24, according to RoC filing by the company. The total income of Carlsberg India was up 15.2 per cent at Rs 8,044.9 crore for the financial year ended March 31, 2024, according to the financial data accessed through business intelligence platform Tofler. This is the highest revenue for Carlsberg in India, crossing the milestone of Rs 8,000 crore, reaching nearly USD one billion from sales. "During the financial year 2023-24, profit amounting to Rs 323 crore under the standalone financial statement has been carried forward to 'Reserve and Surplus' including other comprehensive income in the balance sheet," the company said. The company, while informing its state of affairs, said the beer industry continued to post healthy growth in volumes. "Cash and bank balances increased from Rs 9,304 million to Rs 11,165 million with strong business performance, better trade working capital and lower .

Carlsberg India FY24 sales cross Rs 8K cr, profit up 60.5% to Rs 323 cr
Updated On : 16 Mar 2025 | 10:58 AM IST

Carlsberg India to invest nearly Rs 350 crore in its Mysuru brewery

The investment is expected to further enhance production capabilities by adding a new can, glass, and keg line

Carlsberg India to invest nearly Rs 350 crore in its Mysuru brewery
Updated On : 17 Feb 2025 | 6:04 PM IST

As competition intensifies, UB attempts market expansion in premium segment

United Breweries account for about 50% of the segment which AB InBev follows at around 25%, while Carlsberg is the third largest company in the space with a share of around 18%

As competition intensifies, UB attempts market expansion in premium segment
Updated On : 23 Oct 2023 | 12:30 PM IST

NCLAT upholds CCI's Rs 870 cr fine on Kingfisher, Carlsberg manufacturers

Throws out the appeals of the beer makers, who were accused of cartelisation in the sale and supply of the beverage in various states and UTs

NCLAT upholds CCI's Rs 870 cr fine on Kingfisher, Carlsberg manufacturers
Updated On : 23 Dec 2022 | 9:13 PM IST

Denmark's Carlsberg to remove partner's board members from India unit

According to a source with direct knowledge of the matter, Carlsberg has taken action against two board members

Denmark's Carlsberg to remove partner's board members from India unit
Updated On : 30 Aug 2022 | 12:19 AM IST

CCI slaps Rs 873-crore fine on UBL, Carlsberg for price fixing

In its 231-page order, which comes nearly four years after ordering a probe, CCI has also directed the companies, association and individuals to "cease and desist" from anti-competitive practices

CCI slaps Rs 873-crore fine on UBL, Carlsberg for price fixing
Updated On : 24 Sep 2021 | 11:50 PM IST

Carlsberg's India partner demands governance overhaul

Nepal-based Khetan Group and Carlsberg have been embroiled in a row since 2019 over how Carlsberg India has conducted internal inquiries into its business practices.

Carlsberg's India partner demands governance overhaul
Updated On : 04 Aug 2021 | 6:26 PM IST

India inspects Carlsberg accounts for alleged impropriety: Report

The Registrar of Companies has issued a notice to Carlsberg India seeking its response and is preparing to summon the board of directors soon

India inspects Carlsberg accounts for alleged impropriety: Report
Updated On : 14 Jul 2021 | 12:20 AM IST

Carlsberg India probes find 'potential improper payments', child labour

The findings cast a fresh shadow on operations and compliance practices at the Indian joint venture of Danish brewer Carlsberg A/S

Carlsberg India probes find 'potential improper payments', child labour
Updated On : 11 Jan 2021 | 10:27 PM IST

Top headlines: SC says it may stay farm laws; govt orders Covid vaccines

Business Standard brings you top news of the evening

Top headlines: SC says it may stay farm laws; govt orders Covid vaccines
Updated On : 11 Jan 2021 | 5:59 PM IST

PwC affiliate quits as Carlsberg India auditor, avoids opinion for 2nd year

The latest results, like last year's, have not been approved by the board's three Khetan representatives but have been signed off by the seven nominated by Carlsberg, the sources said

PwC affiliate quits as Carlsberg India auditor, avoids opinion for 2nd year
Updated On : 08 Nov 2020 | 8:36 AM IST

Carlsberg aims to resolve dispute with Indian partner over sales practice

The other seven directors, nominated by Carlsberg, found the practices were in line with industry norms and approved the 2018-19 results, the filing said.

Carlsberg aims to resolve dispute with Indian partner over sales practice
Updated On : 09 Mar 2020 | 7:40 PM IST

Carlsberg's Karnataka brewery to have annual capacity of 80 mn litres

At present, Carlsberg India owns eight breweries in the country, along with four contract manufacturing associations

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Updated On : 23 Jan 2018 | 7:23 PM IST