Page 2 - United Breweries

United Breweries to shut Mangalore brewery, plans Nanjangud expansion

The move is part of a consolidation effort in its brewery operations, and the company plans to expand its Mysuru brewery

United Breweries profit up 19.8% at Rs 97.7 cr, revenue down at Rs 4,427 cr

Beer maker United Breweries Ltd on Wednesday reported a 19.87 per cent rise in its consolidated net profit to Rs 97.76 crore in the January-March quarter of 2024-25 compared to Rs 81.55 crore in the January-March quarter a year ago. UBL's revenue from operations dropped by 7.54 per cent to Rs 4,427.15 crore in the March quarter compared to Rs 4,788.68 crore in the corresponding period a year ago, according to a regulatory filing by the company controlled by Dutch multinational brewing company Heineken NV. Its total expenses were at Rs 4,303.09 crore, down 8.54 per cent in the March quarter of FY25. Its total income, which includes other income, in the March quarter, was down 7.9 per cent to Rs 4,435.16 crore. UBL's net profit for the financial year ended on March 31, 2025, was up 7.67 per cent to Rs 442.41 crore. It was at Rs 410.86 crore a year before. In FY'25, UBL's total consolidated income was at Rs 19,444.44 crore, up 5.37 per cent. Shares of United Breweries Ltd on Wednesd

Liquor stock in focus: Radico, United Spirits down up to 9% from day's high

India and the UK have mutually agreed on an FTA after long bilateral discussions, with broader economic impact on many sectors, including AlcoBev.

FMCG stocks gain as RBI cuts FY26 inflation est; GCPL, HUL rise up to 2%

The RBI MPC, on Wednesday, unanimously decided to cut the repo rate by 25 basis points, bringing it down to 6 per cent, from 6.25 per cent earlier.

With stock 15% down since Feb, margin concerns ahead for United Breweries

The alcoholic beverages segment saw some demand in Q3FY25, driven by the festive season, and the reopening of the Andhra Pradesh market

Defensives are back, says Nuvama; bets on Pidilite, HUL, United Breweries

Among the key themes identified in the report is the growing importance of rural markets. Nuvama expects companies with a stronger rural exposure to outpace urban-focused peers in the next 2 quarters

Near-term headwinds likely to keep United Breweries under pressure

The company is planning to invest Rs 750 crore in a greenfield brewery in UP, to produce mainstream and premium brands

United Breweries shares rise 6% despite posting mixed Q3 nos; here's why

In its investor presentation, the company management said that they are building further category growth while driving the share of premium in our portfolio remains a key focus

Stocks to Watch, Feb 14, 2025: TaMo, Nazara Tech, Hindalco, Paytm, NTPC

Stocks to Watch, Feb 14, 2025: From Nazara Tech to Hindalco, here are a few stocks that will on investors' and traders' radar during today's market session

United Breweries Q3 results: Profit falls to Rs 86.73 cr, revenue up 7%

The Kingfisher beer-maker's standalone profit before exceptional items and tax fell to Rs 86.73 crore ($9.99 million) in the quarter ended December, compared to Rs 116 crore a year ago

Q3 results today: Hindalco, Godfrey Phillips to post earnings on Feb 13

Q3FY25 company results, February 13: United Breweries, Ipca, and SVJN will be among 389 firms releasing their earnings report for the Oct-Dec 2024 quarter

United Breweries rose 4% as Kingfisher volume grows in mid-single-digit

United Breweries Group (UB Group) is an Indian company best known for its flagship brand, Kingfisher

Beer industry brought in Rs 92,324 cr to GDP in 2023: Brewers association

The Indian beer industry contributed Rs 92,324 crore (USD 10.6 billion) to the country's economy in 2023, which represented 0.3 per cent of the national GDP, said Brewers Association of India citing a study conducted by Oxford Economics. This is part of the Rs 76.45 lakh crore (USD 878 billion) poured into the global GDP by the beer industry globally, according to the report. Brewers' direct contribution in India stood at Rs 40,050 crore (USD 4.6 billion) and over Rs 52,239 crore (USD 6 billion) by the downstream value chain. The beer industry also supported public finances as the sector contributed Rs 51,376 crore (USD 5.9 billion) in tax revenues through excise, sales taxes, other taxes, and the taxes paid by the downstream value chain. "This is 1.8 per cent of the government tax revenues," the statement said. Besides, the beer industry supported 0.3 per cent of national employment. It generated 13 lakh jobs, of which 5.4 lakh jobs were directly by the brewers, while 7.8 lakh we

ITC, UB, Delta Corp: Trading strategies for sin stocks ahead of Budget 2025

Technical charts indicate that shares of ITC, Godfrey Phillips, VST Industries, Delta Corp and United Breweries could slide up to 28% from present levels. Check key levels here

Heineken's United Breweries decides to resume beer supply to Telangana

This is an interim decision taken weeks after halting the supply over pricing and non-payment of dues by the Telangana govt

United Breweries stock rallies 6% on resumption of beer supply to TGBCL

TGBCL has assured the company to address its issues on pricing and outstanding payments in a time bound manner, UBL said

Globus Spirits zooms 17%; Why are most liquor stocks rising in trade today?

Around the same time, among liquor stocks, United Breweries was up 4.28 per cent, Radico Khaitan was up 0.52 per cent, Som Distilleries was up 0.37 per cent

Nifty options hint max pain at 23,450; Adani Energy, UBL see short-covering

Meanwhile, NSE F&O data shows that FIIs were net sellers in Nifty futures for the sixth straight trading session on Tuesday, with net sales of 70,318 contracts in this period.

United Breweries suspends supplies to Telangana Beverages Corporation

The stock price of United Breweries closed 4.09 per cent lower in Wednesday's trade to end at Rs 1,990.50 per share on NSE.

United Breweries halts beer supply to Telangana over pricing disputes

Maker of Kingfisher beer, United Breweries saw a 4% share drop following its suspension of beer supply to Telangana Beverages Corporation Limited