Page 3 - United Breweries

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

United Breweries Q2 results: Net profit increases 23% to Rs 132 cr

The brewer, which is majority-owned by Netherlands-based Heineken, reported a 13 per cent rise in quarterly revenue to Rs 4,742 crore

RK Damani stock portfolio: How to trade in DMart, Aptech, VST Industries

Here's a technical outlook on some of the key stocks owned by ace investor Radhakishan Damani.

Stocks to Watch, July 26: Tech M, Cipla, UBL, Power Grid, Sobha, Sanstar

In Asia, Japan's Nikkei traded up 0.27%, Hong Kong's Hang Seng rose 0.85%, and South Korea's Kospi increased 0.90%, while Shanghai Composite and Asia Dow traded flat on Friday morning.

United Breweries Q1 results: Net profit rises 27.5% to Rs 173.8 cr

Beer maker United Breweries Ltd, controlled by Dutch multinational brewing company Heineken NV, on Thursday reported a 27.47 per cent rise in consolidated net profit to Rs 173.80 crore for the first quarter ended on June 30. The company had posted a net profit of Rs 136.34 crore in the April-June quarter a year ago, according to a regulatory filing from United Breweries Ltd (UBL). UBL's revenue from operations rose 10.83 per cent to Rs 5,811.28 crore during the quarter under review. It was Rs 5,243.01 crore in the corresponding quarter a year ago. Gross profit improvement was driven by volume and price mix, according to an earnings statement. UBL's gross profit margin improved by 247 bps against the previous year, it added. The increase in net sales in Q1 is "driven by 5 per cent volume growth, led by 44 per cent growth in the premium segment, further fuelled by pricing," it said. "Within the segment, we see strong growth for Kingfisher Ultra and Kingfisher Ultra Max and we conti

United Breweries eyes strong growth in the premium beer segment

UBL offers a range of premium brands, including Kingfisher's premium variants Ultra, and Ultra Max. Two years ago, the company introduced Heineken Silver, a premium lager variant

Alcoholic beverages shares in demand; Tilaknagar up 14%; USL hits new high

Globally, India is set to become the fifth-largest contributor to the AlcoBev market's revenues in the near to medium term.

Dr Reddy's, Pidilite, UB, HZL, Voltas among six stocks to watch today

United Breweries announced a more than five-fold increase in net profit to Rs 80.15 crore for the January-March period of 2023-24 compared to the same period last year

United Breweries Q4 results: Net profit jumps 5-fold to Rs 80.15 crore

United Breweries Ltd on Tuesday reported a more than five-fold jump in net profit to Rs 80.15 crore for the January-March period of 2023-24 compared to the year-ago period. The beverages maker had reported a net profit of Rs 13.05 crore for the April-March quarter of 2022-23, according to an exchange filing. Revenue from operations rose 17 per cent to Rs 4,788.68 crore in the last quarter of FY24 compared to Rs 4,081.01 crore in the year-ago quarter. Total expenses rose to Rs 4,705.38 crore in the quarter under review from Rs 4,079.32 crore in the year-ago period. Net profit for the full fiscal year ended on March 31, 2024, rose 33 per cent to Rs 412.59 crore compared to Rs 308.10 crore in the previous year. Total income rose 10.49 per cent to Rs 18,453.27 crore in FY24 compared to Rs 16,700.52 crore in the previous year, the filing stated. The board of the company also recommended a final dividend of Rs 10 per share (1,000 per cent) of the face value of Re 1 for the 2023-24 fina

United Breweries surges 10% on hopes of healthy revenue in March quarter

Heineken N.V., the promoter group, said that India net revenues grew by 20 per cent organically in the January to March quarter

Good times ahead for United Breweries as heatwave, IPL set the tone

The company is expected to increase its volumes in the March quarter by 9% Y-o-Y on the back of market share gains in N India

Summer cheer for beer firm United Breweries as margins remain stable

Cheaper raw material prices and growth in premium segment expected to help company